CSK Auto Corp. Redeems the Remaining Balance of 11% Senior Subordinated Notes.
Business Editors/Automotive Writers
PHOENIX--(BUSINESS WIRE)--July 28, 2003
CSK Auto CSK Auto Inc. is the largest specialty retailer of automotive parts and accessories in the western United States and one of the largest retailers of such products in the entire country. Corp. (NYSE NYSE
See: New York Stock Exchange : CAO) announced today that it has completed the redemption of the remaining $9,547,000 in aggregate principal amount of CSK Auto Inc.'s 11% senior subordinated notes. The company used proceeds from its new June 20, 2003, credit agreement to redeem the notes, including accrued and unpaid interest and redemption premium redemption premium
See call premium. therewith there·with
adv.
1. With that, this, or it.
2. In addition to that.
3. Archaic Immediately thereafter.
Adv. 1. . The 11% senior subordinated notes were originally issued in 1996.
CSK Auto Corp. is the parent company of CSK Auto Inc., a specialty retailer in the automotive aftermarket. As of May 4, 2003, the company operated 1,108 stores in 19 states under the brand names Checker Auto Parts, Schuck's Auto Supply and Kragen Auto Parts.
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