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Coleman Cable calls all $275 million 9% notes for March 13 redemption
By Jennifer Chiou
New York, Feb. 11 - Coleman Cable, Inc. gave notice of the upcoming redemption of its $275 million of 9% senior notes due 2018 at a redemption price of 104.5 plus accrued interest, according to an 8-K filing with the Securities and Exchange Commission.
The company said it will pay a total of $289.3 million, including $1,925,000, or $7 per $1,000 principal amount of notes, for accrued interest to the March 13 redemption date.
Deutsche Bank National Trust Co. is the trustee.
Coleman is a Waukegan, Ill.-based manufacturer of electrical and electronic wire and cable products.
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