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Actavis to redeem all $450 million of its 5% senior notes due 2014
By Tali David
Minneapolis, Oct. 22 - Actavis, Inc. plans to redeem all $450 million of its 5% senior notes due 2014, according to an 8-K filed with the Securities and Exchange Commission.
The notes will be redeemed on Nov. 5.
The make-whole redemption will be made at Treasuries plus 40 basis points.
Wells Fargo Bank, NA is the trustee.
Actavis is a Parsippany, N.J.-based pharmaceutical company.
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