Dresser prepays $10 million of term C bank debt

By Sara Rosenberg

New York, July 30 - Dresser Inc. made prepaid $10 million of term loan C debt and, as a result of this optional prepayment, no mandatory principal payments are due on its senior secured term loan C until March 31, 2006, according to a company news release.

So far this year, Dresser has made a total of $35 million in optional prepayments on senior secured term debt.

Dresser is a Dallas manufacturer and marketer of highly engineered equipment and specialized services sold primarily to customers in energy-related industries.

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