Rockwood buys €89.46 million 7 5/8% notes due 2014 in modified Dutch auction tender offer

By Susanna Moon

Chicago, May 15 - Rockwood Specialties Group, Inc. said it purchased €89,462,000 principal amount of its outstanding 7 5/8% senior subordinated notes due 2014.

The company said it paid €980 per €1,000 principal amount of notes for a total of €87,672,760, with pricing set under a modified Dutch auction.

As a result of the tender offer, there is €258,858,000 principal amount of notes outstanding.

Rockwood is a Princeton, N.J.-based developer, manufacturer and marketer of specialty chemicals and advanced materials used for industrial and commercial purposes.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.