Corrections Corp. to redeem all $40 million of 6¼% notes due 2013

By Tali David

Minneapolis, March 12 - Corrections Corp. of America plans to redeem all $40 million of its 6¼% senior notes due 2013, according to an 8-K filed with the Securities and Exchange Commission.

The notes will be redeemed at par plus accrued interest on April 16.

Corrections Corp. of America is a Nashville-based owner and operator of privatized correctional and detention facilities.

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