Sweetheart Cup to redeem 9½% senior subordinated, 9½% senior secured notes

New York, March 9 - Sweetheart Cup Co. Inc. said it will redeem its $120 million principal amount of 9½% senior subordinated due 2007 and its $100 million of 9½% senior secured notes due 2007.

The senior subordinated notes will be redeemed on March 29 at 101.583% of par plus accrued interest up to the redemption date.

The senior secured notes will also be redeemed on March 29 at a price of 102% of par plus accrued interest up to the redemption date.

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