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Published on 4/5/2010 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Hawkeye Renewables to sell up to $150 million notes via PrinceRidge

By Paul A. Harris

St. Louis, April 5 - Hawkeye Growth LLC (Hawkeye Renewables) is expected to sell up to $150 million of first-lien notes, according to market sources.

PrinceRidge Group has the books.

Proceeds, along with cash on hand, will be used to refinance debt.

Hawkeye is an Iowa Falls, Iowa, manufacturer of alcohol-based fuel derived from corn. It filed for bankruptcy on Dec. 21 and its Chapter 11 case number is 09-14461.


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