Meritor to redeem 8 1/8% notes due 2015 at 107.33 on Sept. 20

By Jennifer Chiou

New York, Sept. 18 – Meritor Inc. announced that it will redeem its $84,396,000 of outstanding 8 1/8% notes due 2015 at $1,073.27725 per $1,000 principal amount plus accrued interest.

According to a news release, the company will redeem the notes on Sept. 20.

Settlement is slated for Sept. 22.

The notes may be delivered to Bank of New York Mellon Trust Co., NA.

Meritor is a Troy, Mich.-based auto components maker.

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