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Published on 5/14/2008 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

American Rock Salt buys back 9½% notes with $18.9 million from revolver

By Devika Patel

Knoxville, Tenn., May 14 - American Rock Salt Co. LLC said that, during the first six months of 2008, it used $18.9 million from its revolving credit facility to repurchase some of its 9½% senior secured notes due 2014.

The company made the announcement in a 10-Q filed Wednesday with the Securities and Exchange Commission.

American Rock Salt is a Retsof, N.Y.-based producer of highway deicing rock salt.


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