Harcourt Brace May Sell Securities to Repay Loan

From States News Service

Harcourt Brace Jovanovich Inc. may sell $400 million in debt securities as part of a refinancing plan, according to a filing with the Securities and Exchange Commission.

The Orlando, Fla.-based textbook and fiction publisher plans to use proceeds from the sale of notes and debentures to repay a term loan.

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