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Harland Clarke to redeem some 9½% notes due 2015 via new offering
By Tali David
Minneapolis, May 15 - Harland Clarke Holdings Corp. plans to use the proceeds from a note offering for the optional redemption of a portion of its 9½% senior fixed-rate notes due 2015, according to a press release.
Proceeds will also be used to pay other general corporate purposes.
The company plans to price a $50 million add-on to its $235 million of 9¾% senior secured notes due 2018.
Harland Clarke is a San Antonio-based provider of integrated payment, marketing and security services and retail products.
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