date:Sep 03, 2013
is streamlining operations by consolidating facilities in Illinois and expects to save $25 million this year and $60 million annually.
The companys $425 million of 7.875 percent secured notes due February 2021 have climbed 6.8 cents to 106.1 cents on the dollar to yield 6.82 cents since they were issued in January, while all B-rated bonds declined 3.7 cents over that period, Bank of America Merrill Lynch data show. The company sold the bonds to extend its maturity profile, using proceeds to