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Published on 4/17/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

USG intends to redeem 9¾% notes prior to maturity in early August

By Jennifer Chiou

New York, April 17 - USG Corp. plans to repay its remaining $59 million of 9¾% senior notes due 2014 on or before their maturity on Aug. 1, according to an 8-K filing with the Securities and Exchange Commission.

The Chicago-based manufacturer and distributor of building systems said it intends to use cash on hand for the transaction.


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