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Published on 5/16/2003 in the Prospect News High Yield Daily.

Salt Holdings $100 million 10-year discount notes pricing Monday via CSFB

By Paul A. Harris

St. Louis, May 16 - Salt Holdings expects to price $100 million of senior subordinated discount notes due 2013 on Monday, according to an informed source.

Credit Suisse First Boston is the bookrunner.

The Rule 144A notes are non-callable for five years.

Salt, a holding company for Compass Minerals Group, will use proceeds to make a dividend payment.


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