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Haights Cross Communications to raise $50 million with discount notes sale Wednesday
By Paul A. Harris
St. Louis, Jan. 26 - Haights Cross Communications Inc. plans to sell $50 million proceeds of senior discount notes due August 2011 on Wednesday, a market source said.
The company, an educational and library publisher based in White Plains, N.Y., will hold an investor conference call Tuesday morning.
Bear Stearns & Co. will run the books on the Rule 144A/Regulation S offering.
The notes will come with four years of call protection.
Proceeds will be used to fund acquisitions.
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