hhgregg subsidiary redeems all 9% notes due 2013 for $3.48 million

By Devika Patel

Knoxville, Tenn., March 30 - hhgregg, Inc. subsidiary Gregg Appliances, Inc. completed a redemption of all of its 9% senior notes due 2013 for a total redemption price of $3.48 million, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The company paid 102.25 for the notes, plus interest to, but not including, the March 30 redemption date.

hhgregg is an Indianapolis-based specialty retailer of consumer electronics and home appliances and a provider of related services.

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