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Published on 6/12/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

United Maritime Group calls $147.13 million 11¾% senior notes due 2015

By Ashley Montgomery

Kansas City, Kan., June 12 - United Maritime Group, LLC will redeem all $147,125,000 11¾% senior secured notes due 2015, according to a notice.

The notes will be redeemed on July 11 at par plus the make whole premium on the notes and accrued interest to the redemption date.

The company announced the redemption in connection with the sale of its Bulk Handling USA, Inc.

The Tampa, Fla.-based company provides ocean and inland maritime transportation of dry-bulk commodities.


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