Tenneco to redeem $500 million 11 5/8% notes with new deal proceeds

Pittsburgh, Nov. 9 - Tenneco Automotive will redeem all $500 million of its outstanding 11 5/8% senior subordinated notes due 2009 with the proceeds of its offering of $500 million senior subordinated notes due Nov. 15, 2014, according to a company news release.

Tenneco Automotive is a Lake Forest, Ill., designer, manufacturer and marketer of emission control and ride control products and systems for the automotive original equipment market and aftermarket.

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