LightSquared Announces Redemption of 14 Percent Senior Secured Discount Notes Due 2013

RESTON, Va., Oct. 19 /PRNewswire/ -- LightSquared™ today announced, in connection with the successful closing of its new $850 million secured credit facility on Oct. 1, 2010, that it has called for redemption all of its outstanding 14 percent Senior Secured Discount Notes due 2013 (the "Notes"

Source : http://www.prnewswire.com/news-releases/lightsquar...