Reed Elsevier Capital redeems $350 million of 6.75% notes due 2011

By Melissa Kory

Cleveland, Dec. 17 - Reed Elsevier Capital Inc. redeemed $350 million of its $550 million of 6.75% senior notes due Aug. 1, 2011.

The notes were redeemed on Dec. 15 at 103.9443% plus accrued interest to the redemption date.

Bank of New York Mellon was the redemption agent.

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