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AGT Food to redeem 9% second-lien notes due 2018 with new offering
By Tali Rackner
Norfolk, Va., Dec. 21 – AGT Food & Ingredients Inc. plans to fully repay its outstanding 9% senior secured second-lien notes due 2018 using the proceeds from a new C$200 million 5 7/8% senior note offering, according to a press release.
Proceeds will also be used to repay certain revolving credit debt that will be available for future reborrowings.
AGT is a Regina, Sask.-based food processor.
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