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Published on 5/18/2007 in the Prospect News High Yield Daily.

Rockwood redeems all $273.4 million of 10 5/8% notes due 2011

By Laura Lutz

Des Moines, May 18 - Rockwood Holdings, Inc. redeemed its entire $273.4 million outstanding principal amount of 10 5/8% senior subordinated notes due 2011 on May 15, 2007, according to a news release.

The redemption was funded with proceeds from the sale of Rockwood's Groupe Novasep subsidiary.

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


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