Salton repurchases $1.75 million of 12¼% senior notes from Harbinger

By Laura Lutz

Des Moines, Dec. 29 - Salton, Inc. repurchased $1.754 million of aggregate principal amount and accrued interest of 12¼% senior subordinated notes due 2008 from Harbinger Capital Partners Master Fund I, Ltd.

The repurchase was funded with a private placement of shares with Harbinger.

Salton is a Lake Forest, Ill.-based small appliances, home decor and personal care products company.

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