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Published on 4/23/2009 in the Prospect News Convertibles Daily and Prospect News High Yield Daily.

Seacor bought back $16.9 million of senior notes, convertibles during first quarter

By Jennifer Chiou

New York, April 23 - Seacor Holdings Inc. said it repurchased $16.9 million of its senior notes and convertible debentures during the first quarter ended March 31, recording $4.1 million in gains.

The company purchased $101.8 million of its senior notes during the preceding quarter at below par.

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


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