Empire Capital calls all 9.375% notes, floating-rate notes due 2011

By Marisa Wong

Milwaukee, Dec. 9 - Empire Capital Resources Pte. Ltd. announced that it will redeem all $225 million of its 9.375% secured senior fixed-rate notes due 2011 and all $100 million of its secured senior floating-rate notes due 2011.

The company will redeem its outstanding notes in full on Dec. 28.

The fixed-rate notes will be redeemed at 104.688 with accrued interest.

The floating-rate notes will be redeemed at par, plus the greater of 1% of the principal amount, or the excess of the present value at the redemption date of 104% of the principal amount plus all interest due through maturity over the principal amount of the notes and accrued interest.

Empire Capital is a securities company based in Indonesia.

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