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Live Nation to repay bank debt with convertibles proceeds
By Sara Rosenberg
New York, July 10 - Live Nation Inc. plans to repay debt under its credit facility using a portion of the proceeds from a proposed $200 million convertible senior notes offering, according to a news release.
Remaining convertible proceeds will be used for general corporate purposes.
Live Nation is a Beverly Hills, Calif.-based live music and venue management company.
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