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Park-Ohio to sell $200 million 10-year notes
New York, Nov. 9 - Park-Ohio Industries, Inc. said it plans to sell $200 million of senior subordinated notes due 2014.
Proceeds along with bank borrowings will be used to fund the Cleveland company's tender offer for its 9¼% senior subordinated notes due 2007.
The deal will be sold under Rule 144A.
No further details were available on the offering which was announced late Tuesday.
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