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Finova projects payments of $682 per $1,000 on bonds through 2009
New York, May 6 - Finova Group Inc. said it expects to pay $682 of principal and interest per $1,000 principal amount on its $3 billion principal amount of 7½% senior notes due 2009 from Jan. 1, 2004 through Nov. 30, 2009.
At the end of the period Finova expects to have $120 million of remaining assets and $1.95 billion of principal due.
For 2006, the Scottsdale, Ariz. company expects to pay $202.672 million, then $312.443 in 2007, $146.239 million in 2008 and $146.239 million through Nov. 30, 2009.
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