MacDermid to redeem $100.48 million remaining 9½% notes on July 8

By Marisa Wong

Madison, Wis., June 14 - MacDermid, Inc. issued a redemption notice for all $100,481,000 of its outstanding 9½% notes due 2017.

According to the notice, the bonds will be redeemed on July 8 at a price of 103.167 plus accrued interest to the redemption date.

As reported by Prospect News, the company launched a cash tender offer and consent solicitation for the 9½% notes on May 22. The consent deadline was June 5, and the offer is scheduled to end on June 19.

MacDermid is a Denver-based manufacturer of specialty chemical products and provider of technical services for the metal and plastic plating, electronics, graphic arts and offshore oil production and drilling industries.

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