Chiquita calls remaining 10.56% notes

New York, Nov. 3 - Chiquita Brands International, Inc. said it will redeem its remaining $39 million of 10.56% senior notes due 2009 on Dec. 3.

The Cincinnati banana company will pay the make-whole rate specified in the note indenture.

The price will be fixed on Dec. 1 at 105.28% of the principal amount plus interest through the first call date of March 15, 2005 discounted using 25 basis points over the comparable Treasury.

Chiquita recently completed a tender offer for the 10.56% notes, buying $211 million of the debt.

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