Sara Lee plans to redeem all $500 million of its 3.875% notes due 2013

By Tali David

Minneapolis, March 16 - Sara Lee Corp. plans to redeem all $500 million of its 3.875% senior notes due June 15, 2013, according to a notice.

The notes will be redeemed on April 6 at a redemption price to be determined.

The Bank of New York Mellon Trust Co., NA is the agent.

Sara Lee is a Downers Grove, Ill.-based manufacturer and marketer of brand-name consumer products focused primarily on meats, bakery, beverage and household products.

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