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Article: CB Richard Ellis Services, Inc. Commences Tender Offer and Consent Solicitation for its 9 3/4% Senior Notes due 2010.
- Article from:
- Business Wire
- Article date:
- November 3, 2006
CopyrightCOPYRIGHT 2006 Business Wire. 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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LOS ANGELES -- CB Richard Ellis Group, Inc. (NYSE:CBG) today announced that its wholly-owned subsidiary, CB Richard Ellis Services, Inc. (the "Company"), has commenced a cash tender offer for any and all of its outstanding $130,000,000 aggregate principal amount 93/4% Senior Notes due 2010 (the "Notes") on the terms and subject to the conditions set forth in its Offer to Purchase and Consent Solicitation Statement dated November 3, 2006 and the related Consent and Letter of Transmittal. The Company is also soliciting consents to certain proposed amendments to the indenture governing the Notes to eliminate most of the restrictive covenants and certain events of default. ...