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Published on 1/23/2014 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Associated Asphalt to redeem $18.5 million of 8½% notes due 2018

By Tali Rackner

Minneapolis, Jan. 23 - Associated Asphalt Partners LLC, Road Holdings III LLC and Associated Asphalt Finance Corp. called $18.5 million of its 8½% senior secured notes due Feb. 15, 2018, according to a notice.

The notes will be redeemed at 103 plus accrued interest on Feb. 10.

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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