Forest City Announces Redemption of 6.50 Percent Senior Notes Due 2017 Worth $132.1 Million

By: Benzinga
Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that it has provided notice of its intention to redeem all of its outstanding 6.50 percent Senior Notes due 2017 (the "Notes"). (Logo: http://photos.prnewswire.com/prnh/20080515/FRSTCTYLOGO ) Approximately $132.1 million aggregate principal amount of the Notes are currently outstanding. Funding for the redemption
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