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AAF-McQuay repurchases $15 million notes
New York, Feb. 12 - AAF-McQuay Inc. said it repurchased a total of $15 million of its senior notes in the first half of its fiscal 2002, which ended Dec. 31, 2001.
The Louisville, Ky. company said in a filing with the Securities and Exchange Commission it bought back $2 million of the notes in the first fiscal quarter and $13 million in the second.
The second quarter repurchases were funded with proceeds from the sale of AAF-McQuay's Singapore subsidiary.
As of Dec. 31, 2001, the company had $94 million of the senior notes outstanding.
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