Beverly Hills 12/12/2009 1:53:57 AM
News / Business

Koppers Holdings Accepts $196.3 Million in Notes Through Tender Offer

Finance World News Update by EQUITIES Magazine

Producer of carbon compounds and treated wood products Koppers Holdings Inc. announced today that holders of roughly $196.3 million of its 9.875 percent senior discount notes due 2014 had tendered them for payment.

 

Koppers said it plans to pay those who did not meet the early deadline by December 14.

 

Stocks of Koppers rose 11 cents to $28.39 in midday trading.

 

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