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Published: Tuesday, 6/9/2009

Owens Corning sells $350 million in notes

Owens Corning has completed the sale of $350 million in notes due in 2019, the Toledo firm said yesterday in a filing with the U.S. Securities & Exchange Commission.

The notes carry an annual interest rate of 9 percent. Proceeds will be used to pay outstanding credit lines due Oct. 31, 2011, company officials said in the filing.

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