Quality Distribution subsidiaries to redeem all 9 7/8% notes due 2018

By Tali Rackner

Norfolk, Va., Aug. 21 – Quality Distribution, Inc. wholly owned subsidiaries Quality Distribution, LLC and QD Capital Corp. will redeem all of their outstanding 9 7/8% second-priority senior notes due 2018, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at 102.469 plus accrued interest on Nov. 1.

The Bank of New York Mellon Trust Co., NA is the trustee and collateral agent.

Quality Distribution is a Tampa, Fla.-based chemical bulk tank truck operator.

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