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Published on 5/5/2005 in the Prospect News High Yield Daily.

TRW Automotive redeems part of 10 1/8% euro notes

New York, May 5 - TRW Automotive Holdings, Inc. said it redeemed $63 million equivalent of its 10 1/8% euro senior notes due 2013.

The transaction closed on May 3 and was funded with part of the proceeds of a private placement of common stock.

TRW Automotive is a Livonia, Mich., auto parts maker.


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