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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 5/1/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

TRW Automotive Holdings retires $48 million of notes in first quarter

By Tali David

Minneapolis, May 1 - TRW Automotive Holdings Corp. used $53 million of cash to retire $48 million of its senior notes during the first quarter of 2012, according to a press release.

The company also repurchased 837,900 shares of its common stock.

As of March 30, the company had $1.5 billion of debt.

TRW Automotive is a Livonia, Mich.-based automotive supplier.


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