CSK Auto redeems $14.9 million 12% notes

By Caroline Salls

Pittsburgh, Dec. 15 - CSK Auto Corp. said it redeemed the remaining $14.9 million of its 12% senior notes due 2006 at a price of 106% of par plus accrued interest.

The redemption will result in a $1.8 million reduction in annual interest expense.

CSK Auto refinanced the rest of the original $280 million of the bonds in a tender offer that ended in January.

CSK Auto is a Phoenix-based specialty retailer of automotive parts and accessories.

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