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The Honolulu Advertiser

Posted at 1:19 p.m., Thursday, December 14, 2006

Horizon Lines makes $25 million debt prepayment

Advertiser Staff

Horizon Lines Inc., the No. 2 ocean cargo shipper to Hawai'i, said it is making a $25 million prepayment on $244.4 million of debt through its senior credit facility.

The company said the payment will help it reduce interest costs as it looks to reduce its debt.