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Article: United States: Wolverine Tube, Inc. Announces Results and Extension of Exchange Offer and Execution of the Supplemental Indenture for Its 10 1/2% Senior Notes Due 2009.
- Article from:
- TendersInfo
- Article date:
- April 25, 2009
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Byline: sanjayV03
Wolverine Tube, Inc. announced today the results of its previously announced exchange offer and consent solicitation for any and all of its outstanding 10 1/2% Senior Notes due 2009. As of 5:00 p.m., New York City time, on April 20, 2009, Wolverine Tube has received tenders with respect to $83.2 million aggregate principal amount of Existing Notes, representing 84% of the outstanding Existing Notes. Including the $38.3 million in principal amount of Wolverine Tube's 10 1/2% Senior Exchange Notes due 2009 that will be exchanged concurrently with the closing of the Offer, holders of $121.5 million, or 88%, of Wolverine Tube's $138 million in ...