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Published on 12/14/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CKE Holdings purchases $9.95 million senior PIK toggle notes due 2016

By Ashley Montgomery

Kansas City, Kan., Dec. 14 - CKE Holdings, Inc. purchased $9,948,000 principal amount of its $200 million senior unsecured PIK toggle notes due March 14, 2016 during the 12 weeks ended Nov. 7, according to a 10-Q filed with the Securities and Exchange Commission.

The notes were purchased at 84.06 for a total cost of $8,362,000.

CKE Holdings owns and operates Carl's Jr. and Hardee's.


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