LP buys back chunk of debt
By Geert De Lombaerde Posted on November 4, 2009 at 8:25 amIn its quarterly filing with the SEC, Louisiana-Pacific says it spent $113 million late last month to buy back more than a third of its debt series due in 2017. The company (Ticker: LPX) will take a $21 million charge this quarter to account for the deal.
Tags: debt, debt buybacks, Louisiana-Pacific Corp., manufacturing, residential real estate
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