Penn National calls 6 7/8% senior subordinated notes due 2011

New York, Oct. 26 - Penn National Gaming, Inc. said it will redeem its $105.536 million of 6 7/8% senior subordinated notes due 2011 on Dec. 1.

The company will pay par plus accrued interest up to the redemption date.

Funding will come from available cash, borrowings on its revolver or a combination.

Penn National is a Wyomissing, Pa., owner and operator of gaming and racing facilities.

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