CSK Auto in deal on new $325 mln credit facility

Newswire

CHICAGO, June 23 (Reuters) - CSK Auto Corp. , an auto parts retailer, said on Monday it closed on a new $325 million credit facility that extended maturity dates to fiscal 2008 and 2009. The Phoenix-based company also said that in conjunction with the transaction, it plans to redeem the outstanding balance of $9.5 million on its 11 percent subordinated notes due November 2006. CSK said it expects to take a fiscal second-quarter charge to write off certain financing costs and to redeem ...

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