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Meritor to redeem all $175 million of 6¾% notes due 2021 on Nov. 1
By Sarah Lizee
Olympia, Wash., Oct. 3 – Meritor, Inc. said it issued a notice of redemption for all $175 million of its 6¾% notes due 2021, according to a press release.
The notes will be redeemed on Nov. 2 at a redemption price of $1,033.75 per $1,000 principal amount plus accrued interest up to but excluding the redemption date.
Meritor is a Troy, Mich.-based auto components manufacturer.
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