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Vulcan Announces Redemption of All Outstanding 8.50% Senior Notes Due 2026
Source: Newswire
Credit & Bond MarketsCompany FundamentalsArtificial Intelligence
Vulcan says the redemption will eliminate its 2026 debt maturity. Based on preliminary, unaudited quarter-end balances following the redemption, the company estimates it will have $16.9 million in cash and digital assets. Predevelopment and negotiations with potential AI/HPC customers are continuing at its Dresden and Columbus sites.
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