E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/11/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

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.


© 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.