Cardtronics to draw $70 million on revolver for repayment of notes

By Sara Rosenberg

New York, July 21 - Cardtronics Inc. plans to use about $70 million of borrowings under its revolving credit facility to help fund the redemption of its $100 million of 9¼% senior subordinated notes series B, according to a news release.

Remaining funds for the redemption will come from cash on hand.

Cardtronics is a Houston-based non-bank operator of ATMs.

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