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Published on 10/25/2010 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Avago Technologies calls all $230.74 million 11 7/8% notes due 2015

By Melissa Kory

Cleveland, Oct. 25 - Avago Technologies Ltd.'s subsidiaries Avago Technologies Finance Pte. Ltd., Avago Technologies U.S. Inc. and Avago Technologies Wireless (U.S.A.) Manufacturing Inc. said they will redeem their $230.735 million of outstanding 11 7/8% senior subordinated notes due 2015 in an 8-K filed Monday with the Securities and Exchange Commission.

The notes will be redeemed at 105.938% on Dec. 1, plus accrued interest up to the redemption date.

The Bank of New York is the redemption agent.

Avago is a Singapore-based supplier of analog interface components for communications, industrial and consumer applications.


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