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Published on 5/18/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Bradken calls $65.64 million of 11% senior notes due Dec. 1, 2014

By Melissa Kory

Cleveland, May 18 - Bradken Inc. said it will redeem $65,639,000 of its 11% senior notes due Dec. 1, 2014 issued in two series.

The notes will be redeemed on June 9 at 105 plus accrued interest to the redemption date.

The company will redeem $62,889,000 of one series of 11% notes and $2.75 million of the other series of 11% notes.

Bank of New York Mellon is the redemption agent.

Mayfield, Australia-based Bradken is a supplier of differentiated consumable products to the resources and freight rail industries.


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