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Published on 6/14/2006 in the Prospect News High Yield Daily.

Di Giorgio completes discharge of indenture, to redeem all 10% notes

By Jennifer Chiou

New York, June 14 - Di Giorgio Corp. said it completed the satisfaction and discharge of the indenture for its 10% senior notes due 2007 and announced the redemption of the securities.

The Carteret, N.J., food wholesaler and distributor will redeem the notes on July 14 and added it will pay $1,008.55 in cash per $1,000 principal amount.

The payout includes accrued interest to the redemption date.


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