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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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