AGY Holding buys back $3 million of 11% senior secured second-lien notes for $1.8 million

By Devika Patel

Knoxville, Tenn., May 14 - AGY Holding Corp. purchased $3 million of its 11% senior secured second-lien notes for $1.8 million plus interest and commission in February, according to a 10-Q filed Thursday with the Securities and Exchange Commission.

The repurchase resulted in a net gain of about $1.1 million.

AGY is an Aiken, S.C.-based producer of fiberglass yarns and high-strength fiberglass reinforcements.

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