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Published on 9/24/2003 in the Prospect News Bank Loan Daily.

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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