Pharma Investments, Ventures & Law Weekly
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DynCorp International LLC
DynCorp International LLC Announces Private Placement of Senior Subordinated Notes Due 2013 and Refinancing of Existing Credit Facility
August 3rd, 2008
DynCorp International LLC and its wholly-owned subsidiary DIV Capital Corporation announced that they intend to sell in a private placement under Rule 144A to eligible purchasers additional 9 1/2% senior subordinated notes due 2013. The additional notes will be issued under the same indenture as and will be part of the same series with the issuers' currently outstanding senior subordinated notes. DynCorp International LLC intends to use the net proceeds from the private placement to repay in part borrowings under its existing senior secured credit facility. Concurrently with the closing of the offering, DynCorp International LLC intends to enter into a new senior...
Source: Pharma Investments, Ventures & Law Weekly (2008-08-03)
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