Hutchinson Technology to redeem 8½% notes due 2017 on Nov. 4 at par

By Marisa Wong

Morgantown, W.Va., Oct. 5 – Hutchinson Technology Inc. issued a notice of redemption to holders of its 8½% senior secured second-lien notes due 2017, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on Nov. 4 at par plus a make-whole premium and accrued interest.

The company is a Hutchinson, Minn.-based maker of critical precision component technologies, including suspension assemblies for disk drives.

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