GenCorp Inc.
GY today announced that it has given an irrevocable notice for the
redemption of all of its outstanding 9 1/2% Senior Subordinated Notes due 2013
(the "Notes"). The Notes, which have an outstanding principal balance of
$74,963,000, will be redeemed on May 23, 2012 at 100% of the principal amount
plus accrued and unpaid interest to the redemption date. The Company intends
to fund the redemption through the use of its cash on hand.
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