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Published on 11/15/2010 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Keystone Automotive exploring debt restructuring amid high leverage

By Caroline Salls

Pittsburgh, Nov. 15 - Keystone Automotive Operations, Inc. is exploring the possibility of restructuring its debt obligations because of its high degree of leverage, according to a 10-Q filed with the Securities and Exchange Commission.

The company said it has hired financial and legal advisers to help it consider all available alternatives.

Keystone is an Exeter, Pa., distributor and marketer of specialty automotive accessories.


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