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Oxford Industries announces redemption of $105 million 11 3/8% notes
By Ashley Montgomery
Kansas City, Kan., June 15 - Oxford Industries Inc. will redeem all of its $105 million 11 3/8% senior secured notes due 2015, according to a news release.
The notes will be redeemed on July 16 for $110,972,400.
The company said it will fund the redemption with a draw on its revolving credit facility and cash on hand.
Oxford Industries is an Atlanta-based apparel design, sourcing and marketing company.
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