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Oppenheimer plans to redeem 6¾% notes due 2022 via new notes, cash
By Sarah Lizee
Olympia, Wash., Sept. 10 – Oppenheimer Holdings Inc. plans to redeem in full its 6¾% senior secured notes due July 1, 2022 using proceeds from new notes and cash on hand, according to a press release.
The company said it plans to issue $125 million of senior secured notes due 2025.
Oppenheimer is a New York-based financial institution.
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