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Published on 12/1/2006 in the Prospect News High Yield Daily.

IKON Office Solutions begins consent solicitation for 7¾% notes

By Angela McDaniels

Seattle, Dec. 1 - IKON Office Solutions Inc. began a consent solicitation to amend certain provisions of the indenture governing its $225 million 7¾% senior notes due 2015, according to a company news release.

The consent solicitation will expire at 5 p.m. ET on Dec. 8 and is conditioned upon the receipt of consents from holders of at least a majority of the notes and other customary conditions.

Wachovia Securities is the solicitation agent (704 715-8341 or 866 309-6316), and D.F. King & Co. Inc. (212 269-5550 for banks and brokers or 800 290-6426 toll free) is the information agent and tabulation agent.

IKON is based in Malvern, Pa., and provides products and services that help businesses manage document workflow.


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