International Wire to redeem all $75 million of its 10% notes due 2011

By Devika Patel

Knoxville, Tenn., April 14 - International Wire Group Inc. will use the proceeds from a $140 million offering of senior secured notes due 2015 to redeem all $75 million of its 10% secured senior subordinated notes due 2011, the company said in a news release Wednesday.

The notes will be redeemed at 101.25 plus accrued interest to the redemption date.

International Wire is a Camden, N.Y.-based manufacturer and marketer of wire products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.