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TriNet to repay outstanding term loan with note offering proceeds
By Taylor Fox
New York, Feb. 22 – TriNet Group, Inc. plans to repay its outstanding term loan using proceeds from its $500 million note offering, according to a news release.
All remaining proceeds will be used for general corporate purposes.
TriNet is a San Leandro, Calif.-based cloud-based provider of on-demand HR services.
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