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Article: PanAmSat Holding Corporation Commences Offer to Purchase and Consent Solicitation.
- Article from:
- PR Newswire
- Article date:
- May 30, 2006
CopyrightCOPYRIGHT 2006 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)
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WILTON, Conn., May 30 /PRNewswire-FirstCall/ -- PanAmSat Holding Corporation announced today that it is commencing an offer to purchase and consent solicitation for any and all of its outstanding 10-3/8% Senior Discount Notes due 2014. The aggregate principal amount at maturity of the notes is $416.0 million and the accreted amount of the notes as of June 26, 2006 (the expiration date) will be $296.6 million.
The offer to purchase will expire at 12:00 midnight, New York City time, on June 26, 2006, unless extended. The consent solicitation will expire at 5:00pm, New York City time, on June 12, 2006, unless extended.
Holders tendering their notes will be ...