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Published on 1/23/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Mueller Water to redeem $22.5 million of its 8¾% senior notes due 2020

By Tali David

Minneapolis, Jan. 23 - Mueller Water Products, Inc. plans to exercise its option to redeem $22.5 million of its 8¾% senior notes due 2020, according to a press release.

The notes will be redeemed at 103 plus accrued interest on Feb. 22.

Following the transaction, $180 million will remain outstanding.

Mueller Water is an Atlanta-based manufacturer and marketer of drinking water transmission, distribution and treatment facilities.


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