Seacor buys back $101.8 million senior notes

By Devika Patel

Knoxville, Tenn., Feb. 17 - Seacor Holdings Inc. said it repurchased $101.8 million of its senior notes during the fourth quarter, recording $6.3 million in gains.

The company bought $64.7 million of its 7 1/5% senior notes due September 2009 at an average price of 100; $36.6 million of its 9½% senior notes due August 2013 at an average price of 91 and $500,000 of its 5 7/8% senior notes due October 2012 at 86.

Seacor is a Fort Lauderdale, Fla., provider of marine support and transportation services.

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