Alliance One conditionally calls 10% notes, might replace revolver

By Tali David

Minneapolis, July 1 - Alliance One International, Inc. conditionally called all $635 million of its 10% senior notes due 2016, according to a notice.

The notes will be redeemed at 105 plus accrued interest on Aug. 2.

The redemption is conditioned on the completion by the company of new long-term debt financing and the completion of an amendment to, or replacement of, the company's existing senior secured revolving credit facility.

Alliance One is a Morrisville, N.C.-based leaf tobacco merchant.

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