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WCI to repay some revolver debt with $125 million bond deal
By Sara Rosenberg
New York, Sept. 24 - WCI Communities Inc. plans to repay part of the outstanding balance under its senior unsecured revolver with proceeds from a $125 million senior subordinated notes offering.
Proceeds from the bond sale will also be used for general corporate purposes.
WCI is a Bonita Springs, Fla. homebuilder and developer of lifestyle communities.
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