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Together Financial unit plans to redeem 6¼% notes due 2021
By Rebecca Melvin
New York, Jan. 29 – Together Financial Services Ltd. plans to redeem its 6¼% senior secured notes due 2021, according to a notice on Wednesday.
The 2021 notes are being redeemed with the proceeds of a new offering of £385 million senior secured notes due 2026 and cash on hand.
The £375 million aggregate principal amount of 6¼% notes due 2021 was issued on Oct. 13, 2016, according to a market source.
The company provides financial services to customers in the United Kingdom.
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