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Published on 5/4/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

WireCo to use note proceeds to redeem all 11% senior notes due 2015

By Devika Patel

Knoxville, Tenn., May 4 - WireCo WorldGroup, Inc. said it will use the proceeds from a $275 million offering of senior notes to redeem all of its 11% senior notes due 2015.

Based in Kansas City, Mo., WireCo makes wire, wire rope, wire rope assemblies and electromechanical cable.


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