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Commercial Vehicle issues redemption notice for 7 7/8% notes due 2019
By Wendy Van Sickle
Columbus, Ohio, April 12 – Commercial Vehicle Group, Inc. called its $235 million of 7 7/8% senior notes due April 2019 for redemption, according to a press release.
Proceeds of a new $175 million term loan plus about $74 million of cash was delivered to the trustee to retire the notes and pay accrued interest.
Commercial Vehicle Group is a New Albany, Ohio, supplier of cab-related products and systems for the commercial vehicle market.
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