IDQ calls all outstanding 11½% senior secured notes at 105.75

By Marisa Wong

Madison, Wis., May 27 – IDQ Holdings, Inc. gave notice that it will redeem all of its outstanding 11½% senior secured notes due 2017 on June 22.

The notes will be redeemed at 105.75 plus accrued interest to, but excluding, the redemption date.

Bank of New York Mellon Trust Co., NA is the trustee and agent.

The Tarrytown, N.Y.-based company issued $220 million of the 11½% notes in March 2012.

IDQ makes air conditioning products for the do-it-yourself automotive aftermarket.

© 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.