OMAHA, Neb., March 27, 2013 (GLOBE NEWSWIRE) -- West Corporation, a leading provider of technology-driven communication services, today announced that it instructed The Bank of New York Mellon Trust Company, N.A., as trustee for the Company's 11% Senior Subordinated Notes due 2016 (the "Senior Subordinated Notes"), to deliver a notice of redemption to the holders of all of the outstanding $450,000,000 principal amount of Senior Subordinated Notes. The redemption date is April 26, 2013 (the "Redemption Date") at a redemption price equal to 103.667% of the principal amount of the Senior Subordinated Notes. In addition, the Company will pay accrued and unpaid interest on the redeemed Senior Subordinated Notes up to, but not including, the Redemption Date. Following this redemption, none of the Senior Subordinated Notes will remain outstanding. The redemption will be financed with net proceeds received from the recently completed initial public offering of common stock of West Corporation as well as cash on hand.
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