Rock-Tenn Company Announces Redemption Of All Outstanding 9-1/4% Senior Notes Due 2016
Rock-Tenn Company (NYSE: RKT) today announced that it intends to redeem $300,000,000 of its 9-1/4% Senior Notes due 2016, representing all of the March 2016 Notes outstanding. The redemption will be made in accordance with the terms of the indenture governing the March 2016 Notes and the terms of the notice of redemption.
Rock-Tenn expects the March 2016 Notes to be redeemed on March 15, 2012 at a redemption price equal to 104.625% of the principal amount of the March 2016 Notes, plus the accrued and unpaid interest, if any, to but excluding the Redemption Date.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.