ServiceMaster redeems 7 7/8% senior subordinated notes

By Devika Patel

Knoxville, Tenn., Aug. 30 - ServiceMaster Co. said it has redeemed all $179 million of its 7 7/8% notes due Aug. 15, 2009.

The notes were redeemed at a price of 106.29.

The Bank of New York is the trustee.

ServiceMaster is a Downers Grove, Ill., provider of services to residential and commercial customers, including lawn care and landscape maintenance, termite and pest control, home warranties, disaster response and reconstruction, cleaning and disaster restoration, house cleaning, furniture repair and home inspection.

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