E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers G > Headlines for GrafTech International Ltd. > News item
Published on 1/15/2008 in the Prospect News High Yield Daily.

GrafTech announces redemption of $125 million of 10¼% senior notes due 2012

By Devika Patel

Knoxville, Tenn., Jan. 15 - GrafTech International Ltd. plans to redeem $125 million of its 10¼% senior notes due 2012 on Feb. 15, according to an 8-K filing with the Securities and Exchange Commission Tuesday.

The company said it would pay 103.417% plus accrued interest using operating and financing cash flow to fund the redemption.

After the redemption, $75 million of the notes will remain outstanding.

U.S. Bank NA is the trustee.

GrafTech is a Parma, Ohio-based graphite and carbon producer.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.