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Premier Foods calls 12%, 12¼% notes
New York, July 30 - Premier Foods plc said its Premier Brands Foods plc subsidiary will redeem all its senior notes due 2009 on Sept. 1.
The London-based company will redeem its $200 million principal amount of 12% senior notes due 2009 at a price of 106 and its £75 million principal amount of 12¼% senior notes at a price of 106.125.
Premier will also pay accrued interest up to Sept. 1.
Funding for the redemption will come from the company's new bank facilities.
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