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Published on 7/31/2009 in the Prospect News High Yield Daily.

AutoNation bought back $6 million of floaters in second quarter

By Jennifer Chiou

New York, July 31 - AutoNation, Inc. repurchased $6 million principal amount of its floating-rate senior unsecured notes due April 15, 2013 for $5.4 million during the second quarter ended June 30, according to a 10-Q filing with the Securities and Exchange Commission.

AutoNation is an automotive retailer based in Fort Lauderdale, Fla.


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