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Prospect News home > News index > List of issuers T > Headlines for TFS Corp. > News item
Published on 7/20/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

TFS to redeem $200 million 11% notes due 2018 with note proceeds

By Angela McDaniels

Tacoma, Wash., July 20 – TFS Corp. plans to redeem its $200 million of 11% notes due 2018, according to a company news release.

The redemption will be funded with the proceeds of $250 million of 8¾% seven-year senior secured notes, which priced July 20. Proceeds will also be used for general corporate purposes.

TFS is a Nedlands, Australia-based sandalwood supplier.


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