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Subsequent Events
6 Months Ended
Jun. 30, 2012
Subsequent Events

19. Subsequent Events

The Company has disclosed the following subsequent event in accordance with ASC 855, “Subsequent Events.” Subsequent events have been evaluated through the filing date of this Form 10-Q.

On July 26, 2012, PCA completed the redemption of its existing $400.0 million of 5.75% senior notes due August 1, 2013. The total cost to redeem the notes was $432.5 million, including a redemption premium of $21.3 million and accrued and unpaid interest through the redemption date of $11.2 million. In connection with the redemption, the Company recorded a third quarter charge of $21.2 million ($13.6 million after tax).