| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2004 > News item |
Nortek calls 9¼%, 9 1/8% notes, some 8 7/8% notes
New York, Feb. 13 - Nortek Inc. said it will redeem all its 9¼% senior notes due March 15, 2007 and all its 9 1/8% senior notes due Sept. 1, 2007.
The Providence, R.I., manufacturer of building, remodeling and indoor environmental control products will redeem the 9¼% notes on March 15 at a price of 101.542% of par plus accrued interest.
It will redeem the 9 1/8% notes on March 14 at a price of 103.042% of par plus accrued interest.
Nortek has $459.424 million of the notes outstanding.
In addition, Nortek said it will redeem $60 million of its 8 7/8% notes due Aug. 1, 2008 on March 14 at a price of 104.438% of par plus accrued interest.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.