KEMET Announces Prepayment of Senior Notes
GREENVILLE, S.C. September 19, 2008 - KEMET Corporation (NYSE:KEM) today announced that it has prepaid its obligations under its 6.66% Senior Notes, including the outstanding principal balance of $40.0 million, together with all accrued interest. The Company had been, and was at the time of the prepayment, in compliance with all the financial covenants under the Senior Notes.
KEMET Corporation (KEM) applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM.
Additional information about KEMET can be found at www.kemet.com.
Please follow this link kemet.com/page/new2008532 to read the latest news from KEMET.
Contact:
William M. Lowe, Jr.
Executive Vice President and Chief Financial Officer
864-963-6484
billlowe@kemet.com
Dean W. Dimke
Director of Corporate and Investor Communications
954-766-2806
deandimke@kemet.com
