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Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
Nortek plans to redeem portion of 11% senior secured notes due 2013
By Marisa Wong
Madison, Wis., Nov. 10 - Nortek, Inc. said it plans to redeem or repurchase a portion of its outstanding 11% senior secured notes due 2013.
The repurchase will be funded with proceeds from a $300 million offering of senior notes due 2018.
Nortek is a Providence, R.I.-based diversified building products manufacturer.
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