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Published on 11/15/2010 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Wise Metals to redeem all its 10¼% senior notes due 2012 on Dec. 15

By Melissa Kory

Cleveland, Nov. 15 - Wise Metals Group, LLC called for redemption all its outstanding 10¼% senior secured notes due 2012, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on Dec. 15 at par plus accrued interest.

Bank of New York Mellon is the redemption agent.

Wise Metals is a Linthicum, Md.-based holding company whose subsidiaries produce aluminum can stock, recycle non-ferrous scrap metal and provide maintenance, repairs and fabrication to manufacturing and industrial plants.


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