Apria to redeem 11¼%, 12 3/8% senior secured notes via refinancing

By Tali David

Minneapolis, April 2 - Apria Healthcare Group Inc. plans use the proceeds of its debt refinancing to redeem all or a portion of its outstanding 11¼% senior secured notes due 2014 (series A-1) and a portion of its outstanding 12 3/8% senior secured notes due 2014 (series A-2), according to a notice.

The company will also use proceeds to pay fees and expenses related to these transactions.

Apria provides home health-care products and services. It is based in Lake Forest, Calif.

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