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Published on 3/30/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Thermon Industries calls $21 million of 9½% notes due 2017 at 103

By Marisa Wong

Madison, Wis., March 30 - Thermon Industries Inc. said it will redeem $21 million of its $139.1 million of outstanding 9½% senior secured notes due 2017 on May 1.

The notes will be redeemed at 103 plus accrued interest to the redemption date.

The Bank of New York Mellon Trust Co., NA is the trustee and agent.

Thermon is a San Marcos, Texas-based industrial company that provides heat tracing services for global infrastructure end markets, which include energy, chemical processing, power generation and industrial and commercial infrastructure.


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