|
|
Article: Better Minerals & Aggregates Company Commences Tender Offer and Consent Solicitation.
- Article from:
- PR Newswire
- Article date:
- May 5, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BERKELEY SPRINGS, W.Va., May 5 /PRNewswire/ -- Better Minerals & Aggregates Company (BMAC) today announced that it has commenced a cash tender offer for any and all of the $150 million outstanding principal amount of its 13% Senior Subordinated Notes due 2009 (CUSIP No. 087714 AC 5) and a consent solicitation to amend the related note indenture. The consent solicitation will seek consents from holders of the notes to eliminate substantially all of the restrictive covenants under the note indenture.
The tender offer and consent solicitation are subject to the terms and conditions set forth in the Company's Offer to Purchase and Consent Solicitation Statement ...