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Published on 2/26/2013 in the Prospect News Bank Loan Daily.

Associated Asphalt to pay down bank debt with notes offering proceeds

By Sara Rosenberg and Paul A. Harris

New York, Feb. 26 - Associated Partners LLC plans to repay bank debt using proceeds from a $175 million senior secured notes offering, according to a market source.

Associated Asphalt is a Roanoke, Va.-based supplier of liquid asphalt to the paving industry.


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