Cooper offers to buy back debt notes
Findlay, Ohio -- Cooper Tire and Rubber has made a cash offer for three specific outstanding debts. The company will reveal the purchase price on November 29.
The company said it is offering to purchase up to $175.0 million in aggregate principal amount of its outstanding 7-3/4% Notes due 2009, 7-5/8% Notes due 2027, and 8% Notes due 2019.
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Press release from Cooper (includes details of offer and procedures)
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