Dayton Superior to repay revolver debt, repurchase some bonds with IPO proceeds

By Sara Rosenberg

New York, Oct. 4 - Dayton Superior Corp. plans on repaying $40 million of its revolving credit facility debt and repurchasing a portion of its outstanding 13% senior subordinated notes due 2009 using proceeds from a proposed initial public offering of common stock, according to a company news release.

Dayton Superior is a Dayton, Ohio-based manufacturer and distributor of metal accessories and forms used in concrete construction and masonry construction.

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