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Associated Asphalt to redeem $18.5 million of 8½% notes due 2018
By Tali Rackner
Norfolk, Va., Jan. 22 – Associated Asphalt Partners LLC, Road Holdings III LLC and Associated Asphalt Finance Corp. called $18.5 million of their 8½% senior secured notes due Feb. 15, 2018, according to a notice.
The notes will be redeemed at 103 plus accrued interest on Feb. 12 for a total redemption price of $19,823,777.78.
U.S. Bank NA is the trustee.
Associated Asphalt is a Roanoke, Va.-based supplier of liquid asphalt to the paving industry.
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