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Published on 6/27/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Forest City to redeem some 7 5/8% senior notes via offering proceeds

By Ashley Montgomery

Kansas City, Kan., June 27 - Forest City Enterprises, Inc. intends to use the proceeds from its offering of 7 3/8% senior notes due 2034 to redeem portions of its 7 5/8% senior notes due June 1, 2015, according to a news release.

Forest City is a Cleveland-based real estate company.


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