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Published on 10/24/2008 in the Prospect News Bank Loan Daily.

Sensus Metering pays down $11.2 million more of term loan

By Susanna Moon

Chicago, Oct. 24 - Sensus Metering Systems Inc. said it prepaid $11.2 million of its term loan during the first half of fiscal 2009.

In the past 12 months, the company reduced its debt by about $26.1 million, according to a second-quarter 2009 earnings release.

Sensus is a Raleigh, N.C.-based provider of water, gas, heat and electric meters.


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