Trex To Redeem $25 Million In Bonds

Stock quotes in this article: TWP  

WINCHESTER, Va. (AP) — Decking and fencing company Trex Co. said Friday that it plans to redeem $25 million in bonds.

The variable rate demand environmental improvement revenue bonds series 2004 were issued by the Mississippi Business Finance Corp. and will be redeemed on Sept. 15 at a price of 100 percent plus accrued interest, Trex said.

Trex shares rose 41 cents, or 2.3 percent, to $17.90 in midday trading.

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