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Prospect News home > News index > List of issuers T > Headlines for Tenders 2005 > News item
Published on 4/12/2005 in the Prospect News High Yield Daily.

GSI to redeem or amend 10% notes as part of sale

New York, April 12 - GSI Group, Inc. said it expects to refinance or amend its 10% senior subordinated notes due 2007 and its senior credit facility as part of its sale to an affiliate of Charlesbank Equity Fund V, LP.

The transaction is expected to be completed in May, according to an 8-K filing with the Securities and Exchange Commission.

GSI is an Assumption, Ill., manufacturer of agricultural equipment.


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