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Starwood calls all $179 million outstanding 7 7/8% notes due 2014
By Tali David
Minneapolis, Dec. 14 - Starwood Hotels and Resorts Worldwide, Inc. is exercising its option o redeem all $179 million of its 7 7/8% senior notes due 2014, according to a press release.
The bonds will be redeemed on Dec. 24.
Starwood is based in White Plains, NY. The company owns, operates and franchises hotels and resorts in 100 countries.
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