ITT calls 4.9% senior notes due 2014, 6.125% senior notes due 2019

By Tali David

Minneapolis, Sept. 21 - ITT Corp. said it will redeem its 4.9% senior notes due 2014 and its 6.125% senior notes due 2019.

The redemption date is Oct. 20.

For both series of notes, the redemption price will be set using a make-whole formula.

There is $500 million of each issue outstanding.

ITT previously announced a cash tender offer to purchase up to $100 million principal amount of its 7.4% debentures due 2025.

ITT is a White Plains, N.Y.-based supplier of highly engineered industrial products and applied technology to the aerospace, transportation, energy and industrial markets.

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