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Published on 9/2/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Wolverine Tube calls $4.92 million 6% senior notes due 2014 at par

By Toni Weeks

San Diego, Sept. 2 - Wolverine Tube, Inc. has issued a call to redeem $4.92 million of its 6% senior secured notes due June 28, 2014, according to an announcement.

The notes will be redeemed on Oct. 5 at a redemption price of par plus accrued interest to the redemption date, which amounts to $1,016.16 per $1,000 note.

Following this $25,079,989 of the notes will remain outstanding.

The trustee is U.S. Bank Corporate Trust Services (800 934-6802).

Wolverine Tube is based in Huntsville, Ala., and makes copper and copper alloy tube, fabricated products and metal joining products. The company filed for bankruptcy on Nov. 1, 2010.


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