Kronos plans to redeem €80 million of 6½% notes due 2013 on March 24

By Toni Weeks

San Diego, Feb. 25 - Kronos International, Inc. notified the holders of its 6½% senior secured notes due 2013 of a voluntary redemption of €80 million principal amount of the notes at a redemption price of 102.167, according to an 8-K filed Thursday with the Securities and Exchange Commission.

The company also will pay accrued interest to the redemption date of March 24.

Following the redemption, €320 million principal amount of the notes will remain outstanding.

Based in Dallas, Kronos produces titanium dioxide pigments.

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