The Company intends to use the net proceeds from this offering, together with borrowings under a new revolving credit facility, to repurchase any and all of its outstanding 7.625% Senior Notes due 2018 (the “2018 Notes”) through a tender offer (the “Tender Offer”) announced on
The notes and related guarantees are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) or, outside
The terms and conditions of the Tender Offer are described in an Offer to Purchase, dated
Note Regarding Forward-Looking Statements
The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, including without limitation, statements regarding the Company’s intentions, expectations or beliefs regarding the notes offering, the use of proceeds therefrom, the Tender Offer and any redemption of the 2018 Notes. The Company’s current expectations and beliefs are expressed in good faith and the Company believes there is a reasonable basis for them. There can be no assurance, however, that future developments affecting the Company will be those that the Company has anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the Company’s control) or other assumptions that may cause actual results to be materially different from those expressed or implied by such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.
Vice President, Investor Relations & Corporate Communications