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Yankees Entertainment to redeem $525 million of 12.9% notes due 2018
By Tali Rackner
Norfolk, Va., June 1 – Yankees Entertainment and Sports Network, LLC plans to redeem $525 million of its 12.9% senior subordinated notes due 2018, according to a notice.
The notes will be purchased at 106.45 plus accrued interest on June 30.
Wells Fargo Bank, NA is the trustee.
Yankees Entertainment, doing business as the YES Network, is a New York-based sports network.
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