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MultiPlan to redeem outstanding senior notes, repay bank debt
By Cady Vishniac
Detroit, Oct. 26 – MultiPlan Corp. subsidiary MPH Acquisition Holdings LLC plans to redeem its outstanding 7 1/8% senior notes due 2024 and repay its senior secured credit facilities from a new $1.2 billion offering of senior notes, according to a news release.
The proceeds will also pay for any related fees and expenses.
MultiPlan is a New York-based provider of health care cost management solutions.
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