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Moog plans to draw from revolving credit facility to redeem notes
By Sarah Lizee
Olympia, Wash., Dec. 13 – Moog Inc. said it plans use borrowings under its revolving credit facility to redeem its $300 million of its 5¼% senior notes due 2022, according to a press release.
The notes will be redeemed on Jan. 13 at 101.313 plus accrued interest.
The East Aurora, N.Y.-based company is a manufacturer of hydraulic motion components.
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