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Greece's Fage Dairy to sell $150 million 10-year notes via Citigroup
By Paul A. Harris
St. Louis, Jan. 14 - Fage USA Dairy Industry, Inc. and Fage Dairy Industry SA plan to price a $150 million offering of 10-year senior notes during the Jan. 18 week, according to a market source.
Citigroup has the books.
Proceeds will be used to refinance €20 million of the Athens, Greece-based dairy company's outstanding 7½% notes due 2015, for a capital expenditure and for general corporate purposes.
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