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Published on 11/6/2008 in the Prospect News Convertibles Daily.

Standard Motor buys back $30.1 million of its 6.75% convertibles

By Devika Patel

Knoxville, Tenn., Nov. 6 - Standard Motor Products, Inc. repurchased $20.6 million of its 6.75% convertible debentures due 2009 in the third quarter and $9.5 million in debentures in October and November, according to a 10-Q filed Thursday with the Securities and Exchange Commission.

Standard Motor Products is a Long Island City, N.Y.-based automotive replacement parts manufacturer and distributor.


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