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Article: Radnor Holdings Corporation Announces Completion of Refinancing Plan.
- Article from:
- Business Wire
- Article date:
- March 12, 2003
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Business Editors
RADNOR, Pa.--(BUSINESS WIRE)--March 12, 2003
Radnor Holdings Corporation ("Radnor") announced the completion of its refinancing plan and the pricing at par of an offering of $135 million principal amount of 11% Senior Notes due 2010, with interest payable semi-annually in cash.
The notes were offered within the United States only to qualified institutional investors pursuant to Rule 144A under the Securities Act of 1933 ("Securities Act") and to persons outside the United States pursuant to Regulation S under the Securities Act.
In addition, as part of the earlier announced refinancing plan, Radnor closed on a new $45 ...