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Published on 8/3/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Kemet buys back $2 million of 10½% notes due 2018

New York, Aug. 3 – Kemet Corp. repurchased $2 million of its 10½% senior notes due 2018 on May 10, the company said in its latest 10-Q filing with the Securities and Exchange Commission.

The company paid $1.9 million for the notes.

Following the buyback, Kemet had $353 million of the notes outstanding.

Kemet is a Simpsonville, S.C., manufacturer of electronic capacitors.


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