Cogentrix Energy, LLC Announces the Redemption of All Outstanding 8.75% Senior Notes due 2008.CHARLOTTE, N.C. -- Cogentrix Energy, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (formerly Cogentrix Energy, Inc.) ("Cogentrix"), announced today that it will redeem all of its outstanding 8.75% Senior Notes due 2008 (the "Notes") on December 14, 2007. Cogentrix will redeem the Notes at a redemption price Redemption price See: Call price redemption price 1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share. 2. to be determined in accordance with the Indenture governing the Notes and the terms of the Notes. Cogentrix Energy, LLC, a wholly-owned subsidiary of The Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Group, Inc., is a leading owner and operator of independent power and cogeneration assets in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . |
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