IKON to redeem all remaining senior unsecured floating-rate notes due 2012

By Devika Patel

Knoxville, Tenn., May 29 - IKON Office Solutions Inc. said that it will redeem the remaining $100 million of its outstanding senior unsecured floating-rate notes due 2012.

The notes will be redeemed for cash at par plus interest up to, but not including, the redemption date of June 30.

A notice of redemption has been sent to all registered noteholders by the trustee, the Bank of New York.

IKON is a Malvern, Pa., integrated document management systems and solutions provider.

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