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| Prospect News home > News index > List of issuers I > Headlines for IDQ Holdings, Inc. > News item |
IDQ calls all outstanding 14%/14¾% senior secured PIK notes at 107
By Marisa Wong
Madison, Wis., May 28 – IDQ Acquisition Corp. gave notice that it will redeem all of its outstanding 14%/14¾% senior secured PIK notes due 2017 on June 22.
The notes will be redeemed at 107 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 $45 million of the PIK notes in August 2012.
IDQ makes air conditioning products for the do-it-yourself automotive aftermarket.
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