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Comforce funds note buyback with bank borrowings
New York, April 19 - Comforce Corp. said it used borrowings under its bank facility to pay for the repurchase of $6.0 million principal amount of its 12% senior notes due 2007 for $6.1 million.
Comforce, a Woodbury, N.Y.-based provider of high-tech professional staffing, consulting and outsourcing services, said that including the most recent note repurchase it has reduced its public debt to $58.4 million from $138.8 million since June 30, 2000.
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