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Moog to redeem $300 million 5¼% notes due 2022 on Jan. 13 at 101.313
By Sarah Lizee
Olympia, Wash., Dec. 13 – Moog Inc. plans to redeem all $300 million of its 5¼% senior notes due 2022, according to a press release.
The notes will be redeemed on Jan. 13 at 101.313 plus accrued interest to but excluding the redemption date.
The notes will be redeemed using proceeds drawn from the company’s revolving credit facility.
The East Aurora, N.Y.-based company is a manufacturer of hydraulic motion components.
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