Fage Dairy to redeem its €20 million 7½% notes at 103.75 on March 1

By Susanna Moon

Chicago, Jan. 29 - Fage Dairy Industry SA said it plans to redeem €20 million of its 7½% senior notes due 2015 at 103.75% of par plus accrued interest on March 1.

Fage will pay €20,941,666.67 for the notes.

The Bank of New York Mellon is trustee and paying agent.

Fage previously said it repurchased €4.47 million of its 7½% senior notes due 2015 at par on Feb. 6.

Fage Dairy Industry is an Athens, Greece-based producer and distributor of branded dairy products.

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