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Metaldyne accepts tenders for $7.785 million of 10% notes due 2013
By Jennifer Chiou
New York, March 8 - Metaldyne Corp. announced the purchase of $7.785 million of notes in its tender offer for up to $25 million of its 10% senior notes due 2013.
The offer ended at 5 p.m. ET on March 5. It began on Feb. 5.
For each $1,000 in principal amount of notes, the company paid par plus accrued interest up to but not including the purchase date.
The offer was not conditioned on any minimum tender amount.
MacKenzie Partners, Inc. was the depositary and information agent (800 322-2885 or call collect 212 929-5500).
Metaldyne is a Plymouth, Mich., supplier of powertrain and chassis systems and components.
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