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McClatchy repurchases 9% notes due 2022, 5¾% notes due 2017 at discount
By Tali Rackner
Norfolk, Va., Nov. 6 – McClatchy Co. said it repurchased $20.47 million of its 9% notes due 2022 and $4.5 million of its 5¾% notes due 2017 on Friday, according to an 8-K filing with the Securities and Exchange Commission.
The company repurchased the notes at a discount to par plus accrued interest in separate privately negotiated transactions.
McClatchy is a Sacramento, Calif.-based newspaper and media company.
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