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Prospect News home > News index > List of issuers S > Headlines for SPX Corp. > News item
Published on 1/1/2004 in the Prospect News Bank Loan Daily.

SPX to repay $200 million term debt

New York, Jan. 1 - SPX Corp. said on Dec. 26 it planned to repay $200 million of its term loan B on Dec. 31.

The Charlotte, N.C., diversified industrial company said it had given notice to JP Morgan Chase of the action.

SPX also terminated $200 million of interest rate swaps and said it would take a pre-tax loss of $12 million as a result.


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