|
|
Article: Cooper Tire & Rubber Company Announces Expiration of Fixed Spread Tender Offer for its 7 3/4% Notes Due 2009.
- Article from:
- PR Newswire
- Article date:
- May 23, 2005
CopyrightCOPYRIGHT 2005 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)
|
FINDLAY, Ohio, May 23 /PRNewswire-FirstCall/ -- COOPER TIRE & RUBBER COMPANY ("COOPER TIRE") today announced that its fixed spread tender offer to purchase for cash any and all of the $350 million aggregate principal amount outstanding of its 7 3/4% Notes due December 15, 2009 (the "Notes"), which commenced on May 9, 2005, expired at 5:00 p.m., New York City time, on Friday, May 20, 2005 (the "Expiration Time"). Cooper Tire has accepted all of the tendered Notes for payment.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010404/COOPERLOGO )
Settlement of the tender offer will occur on Wednesday, May 25, 2005. The purchase price for the Notes is ...