Nalco calls $437.5 million of its 6 5/8%, 8¼% notes for redemption

By Ashley Montgomery

Kansas City, Kan., Dec. 9 - Nalco Co. said it would redeem a portion of its 8¼% senior notes due 2017 and 6 5/8% senior notes due 2019 on Jan. 8.

The notes will be redeemed at the following prices plus accrued interest to the redemption date:

• $175 million of 8¼% notes due May. 15, 2017 at 108.25;

• $260.65 million of 6 5/8% notes due Jan.15, 2019 at 106.625; and

• $1.85 million of 6 5/8% notes due Jan. 15, 2019 at 106.625.

The Bank of New York Mellon Trust Company, NA is the trustee.

Based in Naperville, Ill., Nalco provides integrated water treatment and process improvement services for industrial and institutional applications.

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