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Windsor’s SS&C Tech sheds debt

SS&C Technologies Holdings Inc. in Windsor has used some of the proceeds from its recent public stock offering to cut its senior debt load by more than a third.

The provider of financial software and back-office services said Tuesday it completed its previously disclosed plan to buy back $71.75 million face amount of its outstanding 11.75 percent senior subordinated notes due 2013.

There are $133.25 million of the notes still outstanding.

SS&C raised $161 million from an initial public stock offering in March.

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