Ipsco calls all $100 million 8½% notes

Pittsburgh, Oct. 27 - Ipsco Inc. will redeem all $100 million of its 8½% subordinated notes on Nov. 29, according to a company news release.

The redemption is part of Ipsco's plan to reduce debt and debt-like securities to less than 30% of the company's total capital, the release said.

Ipsco is a Lisle, Ill.-based steelmaker.

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