L-3 Communications calls all $200 million 8% notes

Pittsburgh, Nov. 12 - L-3 Communications Holdings Inc.'s wholly owned subsidiary L-3 Communications Corp. will redeem all of its outstanding $200 million 8% senior subordinated notes due 2008 at a price of 102.676% of par plus accrued interest, according to a company news release.

The redemption date is Dec. 13.

In connection with the redemption, L-3 expects to record a pre-tax debt retirement charge of about $5 million, the release said.

L-3 Communications is a New York-based provider of intelligence, surveillance and reconnaissance systems, secured communications systems, aircraft modernization, training and government services and a merchant supplier of high-technology products.

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