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Published on 5/4/2016 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Affinia to redeem $250 million 7¾% notes due 2021 at 105.813 on May 24

By Susanna Moon

Chicago, May 4 – Affinia Group Intermediate Holdings Inc. issued a call on Wednesday for its $250 million of 7¾% senior notes due May 1, 2021, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at 105.813% of par plus accrued interest to but excluding the redemption date of May 24.

The notes were issued in April 2013 as part of a refinancing.

On Wednesday, Affinia merged with Mann+Hummel Holding GmbH, with the company surviving as an indirect wholly owned subsidiary of Mann+Hummel.

Affinia is an Ann Arbor, Mich.-based designer, manufacturer, distributor and marketer of industrial-grade products and services.


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