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THL Credit launches early redemption for 2021 notes

THL Credit Inc. said it will redeem all of its outstanding 6.75% notes maturing in 2021.

The notes will be repurchased at a price of 100% of the outstanding principal amount, plus any accrued and unpaid interest up to, but not including, Nov. 5.

THL plans to finance the redemption using proceeds from its recent public offering of $50 million in aggregate principal amount of 6.125% notes due 2023.