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Mission Energy to repay some bank debt with asset sale proceeds
By Sara Rosenberg
New York, Oct. 4 - Edison Mission Energy plans to repay a portion of Mission Energy Holdings International Inc.'s $800 million secured loan with proceeds from the already completed sale of Universal Holdings to Origin Energy New Zealand Ltd. for about $739 million.
Edison Mission Energy is a subsidiary of Rosemead, Calif.-based utility company Edison International.
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