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Prospect News home > News index > List of issuers C > Headlines for CommScope Holding Co., Inc. > News item
Published on 11/7/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CommScope to redeem $400 million 8¼% notes using IPO proceeds

By Tali David

Minneapolis, Nov. 7 - CommScope Holding Co., Inc. plans to redeem $400 million of its 8¼% senior notes due 2019 with the proceeds from its $433 million initial public offering of common stock, according to a 10-Q filed with the Securities and Exchange Commission.

Proceeds will also be used to pay a redemption premium and accrued interest during the fourth quarter of 2013.

CommScope is a Hickory, N.C.-based provider of infrastructure services for communication networks.


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