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Published on 12/15/2008 in the Prospect News High Yield Daily.

Kansas City Southern to buy back $200 million 7½% notes

By Susanna Moon

Chicago, Dec. 15 - Kansas City Southern said it plans to repurchase $200 million principal amount of its 7½% senior notes due 2009.

The buyback will be funded with an offering of $175 million of senior notes due 2013 with its wholly owned subsidiary Kansas City Southern Railway Co.

Kansas City Southern is a Kansas City, Mo.-based railroad company.


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