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Susser to redeem all outstanding 10 5/8% notes due 2013 at 105.313
By Susanna Moon
Chicago, April 27 - Susser Holdings Corp. said its subsidiaries Susser Holdings, LLC and Susser Finance Corp. plan to redeem all of their outstanding 10 5/8% senior notes due 2013 at a premium of 105.313 plus accrued interest to the redemption date.
The redemption of the 10 5/8% notes is conditioned upon the completion of the offering of $425 million principal amount of senior notes due 2016.
The Houston-based independent convenience store operator and motor fuel distributor noted previously that they planned to use the note proceeds to redeem their 10 5/8% notes and to repay term loan debt.
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