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Published on 7/5/2013 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Southern States Cooperative calls all $130 million 11¼% notes due 2015

By Marisa Wong

Madison, Wis., July 5 - Southern States Cooperative, Inc. said it will redeem its 11¼% senior notes due 2015 in full on Aug. 6.

The $130 million of outstanding notes will be redeemed at 105.625 plus accrued interest to the redemption date ($3,290.625 per $1,000 principal amount).

U.S. Bank, NA is the trustee.

The issuer is a Richmond, Va.-based supplier of agricultural products and services.


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