CSK Auto plans to refinance debt, repurchase stock

Newswire

NEW YORK, July 25 (Reuters) - CSK Auto Corp. , the parent company of an automotive parts and accessories retailer, said on Monday that it plans to offer $110 million in exchangeable senior unsecured note in a private offering. The notes are exchangeable into shares of CSK Auto common stock, and the company plans to use proceeds from the offering to repurchase up to $25 million of its stock.

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