Alberto-Culver: holders of $120 million 6 3/8% debentures put notes back at par

By Devika Patel

Knoxville, Tenn., May 19 - Alberto-Culver Co. said all of the holders of its $120 million of 6 3/8% debentures have exercised their right to sell the debentures back to the company at par.

Under the terms of the debentures, the company will make payment on June 16.

Based in Melrose Park, Ill., Alberto-Culver develops, manufactures, distributes and markets branded beauty care products and health care products, as well as branded food and household products.

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