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Published on 2/11/2010 in the Prospect News High Yield Daily.

Hudson Products delays $250 million offering of six-year secured notes due to market conditions

By Paul A. Harris

St. Louis, Feb. 11 - Hudson Products Holdings Inc. has delayed its $250 million offering of six-year senior secured second-lien notes (B2) due to market conditions, according to an informed source.

UBS Investment Bank has the books for the Rule 144A and Regulation S for life notes.

Proceeds will be used to prepay the company's existing credit facility.

Hudson Products is a Sugar Land, Texas-based global provider of air-cooled heat exchangers and axial flow-fans.


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