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Oppenheimer repays $20 million of senior secured credit note
By Sara Rosenberg
New York, April 30 - Oppenheimer Holdings Inc. repaid $20 million of its senior secured credit note on Monday, according to a news release.
The senior secured note now has $63.1 million outstanding.
Of the total paydown, $16.3 million was a required payment under the terms of the senior secured note and $3.7 million was a voluntary prepayment.
Oppenheimer is a Toronto-based provider of investment banking, securities, investment management and wealth management services.
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