Telex 11½%, 13% notes to be redeemed as part of merger

New York, June 30 - Telex Communications Holdings, Inc.'s 11½% senior secured notes due Oct. 15, 2008 issued by Telex Communications, Inc. and 13% senior subordinated discount notes due Jan. 15, 2009 issued by Telex Communications Intermediate Holdings, LLC will be redeemed as part of the acquisition of the company by Robert Bosch GmbH, according to an 8-K filing with the Securities and Exchange Commission.

Telex had $125 million of the 11½% notes and $85.4 million accreted value of the 13% notes as of March 31, according to its most recent 10-Q filing with the SEC.

Telex is a Minneapolis-based maker of professional audio, wireless, life safety and communication equipment.

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