Star Gas Partners buys back $22.3 million 10¼% notes

By Angela McDaniels

Tacoma, Wash., Feb. 4 - Star Gas Partners, LP repurchased $22.3 million of its 10¼% senior notes due 2013 in January for $16.8 million plus accrued interest, reducing the outstanding amount to $141.4 million.

The company reported the repurchase in its 10-Q report for the fiscal first quarter ended Dec. 31, which was filed with the Securities and Exchange Commission Wednesday.

Star Gar is a Stamford, Conn.-based home energy distributor and services provider specializing in heating oil.

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