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Aramark plans to redeem $228.8 million 5¾% notes in full on March 23
By Angela McDaniels
Tacoma, Wash., Feb. 21 – Aramark Services, Inc. issued a notice of conditional redemption for its $228.8 million principal amount outstanding of 5¾% senior notes due 2020, according to an 8-K filing with the Securities and Exchange Commission.
The company plans to redeem the notes at 101.438% of par plus accrued interest up to but excluding the redemption date, March 23.
The redemption is conditioned on financing.
Aramark provides food, facilities and uniform services and is based in Philadelphia.
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