H&R Block Plans Big Bonds Sale

Photo courtesy of Bloomberg

H&R Block Inc. faces about $600 million in debt that comes due next year, and it plans to sell new bonds to repay some of that debt.

The new bonds will mature in 10 years and be used to repay existing bonds that mature in January 2013 and hold an interest rate of 7.875 percent, according to a filing with the Securities and Exchange Commission. Read more on Kansas City Business Journal.


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