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Published on 11/2/2006 in the Prospect News High Yield Daily.

Mothers Work to redeem $25 million of 11¼% notes

By Jennifer Chiou

New York, Nov. 2 - Mothers Work, Inc. said its board approved the redemption of $25 million of its 11¼% senior notes.

The company said it will redeem the notes at 105.625% plus accrued interest.

The Philadelphia-based designer and retailer of maternity clothes said it expects to redeem the notes on Dec. 8.

In August and September, Mothers Work repurchased $10 million of the securities.


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