Rockwood repurchases $15.5 million subordinated notes, repays $102.3 million term loans

By Jennifer Chiou

New York, April 28 - Rockwood Holdings, Inc. said that it bought back $15.5 million of its senior subordinated notes due in 2014 during the first quarter of 2009.

The company also said it prepaid $102.3 million of its senior secured term loans, for which it recorded net gains of $2.2 million, including the note repurchases.

Based in Princeton, N.J., Rockwood is a specialty chemicals and advanced materials company.

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