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Published on 8/2/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Griffon holders put nearly all $50 million outstanding 4% convertibles

By Susanna Moon

Chicago, Aug. 2 - Griffon Corp. said holders put substantially all of the $50 million of outstanding 4% convertible subordinated notes due July 15, 2023 back to the company.

The company redeemed the notes at par on July 19, according to its earnings release for the fiscal third quarter ended June 30.

Griffon is a New York-based manufacturing company.


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