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Eagle Family Foods to call all of 8¾% notes after merger
By Laura Lutz
Des Moines, April 5 - Eagle Family Foods Holdings, Inc. announced that, in connection with an expected merger with The J.M Smucker Co., it plans to redeem all of subsidiary Eagle Family Foods, Inc.'s $115 million outstanding principal amount of 8¾% senior notes due Jan. 15, 2008.
Under the terms of the merger agreement, the notes will be redeemed at par plus accrued interest within 30 days of the merger.
Settlement of the merger is expected in early May.
Eagle is a Gahanna, Ohio-based food manufacturer.
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