Timken aims to redeem all $250 million of 5¾% senior notes due 2010

By Devika Patel

Knoxville, Tenn., Dec. 22 - Timken Co. said it will redeem all $250 million of its 5¾% senior notes due 2010 at 100.79% plus interest to Dec. 22, the redemption date.

The Bank of New York Mellon is the agent.

Canton, Ohio's Timken helps wind turbine designers and operators increase reliability by providing solutions for main shafts and gear drives.

© 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.