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Krauss-Maffei calls €32.5 million more 8¾% notes due 2020 at 103
By Susanna Moon
Chicago, June 15 – Krauss-Maffei Corp. and KraussMaffei Group GmbH, formerly known as KM Germany Holdings GmbH, called €32.5 million more of their 8¾% senior secured notes due 2020.
The purchase price will be €1,036.81 for each €1,000 principal amount of notes, according to a company notice.
The notes will be redeemed at 103 plus accrued interest on July 13. The record date is July 10.
After settlement, there will be €260 million of the notes left outstanding.
Deutsche Bank AG, London Branch is the paying agent.
As previously announced, KraussMaffei called €32.5 million of the 8¾% notes for redemption at 103 plus accrued interest on Dec. 12.
KraussMaffei is an injection molding machine manufacturer and defense company based in Munich.
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