E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 4/11/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Nortek to refinance 11% notes due 2013 with proceeds of 10-year notes

By Susanna Moon

Chicago, April 11 - Nortek, Inc. said it plans to refinance its 11% senior secured notes due 2013 using proceeds from a notes offering.

The company plans to offer $500 million principal amount of senior notes due 2021, according to a news release.

Nortek is a Providence, R.I.-based manufacturer of residential and commercial ventilation, HVAC and home technology convenience and security products.


© 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.