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Published on 6/10/2011 in the Prospect News Distressed Debt Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Perkins & Marie Callender's redeems $28.94 million of 14% senior notes

By Marisa Wong

Madison, Wis., June 10 - Perkins & Marie Callender's, Inc. said it redeemed $28,937,000 of its $103,063,000 outstanding 14% senior secured notes due May 31, 2013.

The notes were redeemed on June 9 at par plus accrued interest to the redemption date.

Perkins & Marie is a Memphis-based operator and franchiser of full-service restaurants.


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