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Innophos Holdings buys $10 million in senior notes for $6.5 million
By Devika Patel
Knoxville, Tenn., Aug. 6 - Innophos Holdings, Inc. repurchased $10 million of its 9½% senior unsecured notes due April 2012 for $6.5 million on April 13, according to a 10-Q filed Thursday with the Securities and Exchange Commission.
The company saw a $3.5 million gain as a result of this repurchase.
Innophos is a Cranbury, N.J.-based producer of specialty phosphates.
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