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Western Union plans to sell notes in three-, five-year maturities
By Andrea Heisinger
New York, Dec. 5 - Western Union Co. is set to price notes due 2015 and 2017, according to a filing with the Securities and Exchange Commission.
The notes (A3/A-/A-) feature a change-of-control put at 101%.
Bookrunners are J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC.
Proceeds will be used for general corporate purposes, including stock repurchases and debt repayment.
Western Union was last in the market with a $400 million sale of seven-year notes on Aug. 17, 2011.
The money movement and payment services company is based in Englewood, Colo.
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