TASC announces redemption of $70 million of 12 3/8% notes due 2016

By Marisa Wong

Madison, Wis., March 30 - TASC, Inc. will redeem a portion of its 12 3/8% notes due Dec. 31, 2016 on April 30, according to a notice.

The company plans to redeem $70 million of the notes at 103 plus accrued interest to the redemption date.

TASC is a Chantilly, Va.-based provider of advanced systems engineering and technical assistance to the defense, intelligence, federal and homeland security markets.

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