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Published on 5/15/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

TriMas to redeem $50 million of its 9¾% senior secured notes due 2017

By Tali David

Minneapolis, May 15 - TriMas Corp. plans to redeem $50 million of its 9¾% senior secured notes due 2017, according to a press release.

The notes will be redeemed at 109.75 plus accrued interest on June 14.

Following the transaction, $200 million of the notes will remain outstanding.

Bank of New York Mellon Trust Co., NA is the trustee.

TriMas is a Bloomfield Hills, Mich., company that provides applied and engineered products.


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