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Clear Channel to redeem all 5½% notes, 4.9% notes on June 6
By Marisa Wong
Madison, Wis., May 21 - Clear Channel Communications, Inc. will redeem all of its outstanding $567,113,000 5½% senior notes due Sept. 15, 2014 and $241 million 4.9% senior notes due May 15, 2015 on June 6, according to notices.
The notes will be redeemed at par plus accrued interest to the redemption date.
Clear Channel is a media and entertainment company based in San Antonio.
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