Gardner Denver to redeem all $125 million of 8% notes due 2013 in May

By Toni Weeks

San Diego, March 23 - Gardner Denver, Inc. has issued a call to redeem all $125 million of its 8% senior subordinated notes due 2013, according to a news release.

The redemption will occur on May 2 at a redemption price of par plus accrued interest up to but not including the date of redemption.

The company will finance the redemption using available cash and borrowings under its revolving credit facility.

Questions can be directed to the trustee and paying agent, the Bank of New York Mellon Trust Co., NA (800 254-2826).

Gardner Denver is a Quincy, Ill., manufacturer of reciprocating, rotary and vane compressors, liquid ring pumps and blowers.

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