|
|
Article: 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:
- Science Letter
- Article date:
- May 5, 2009
CopyrightCOPYRIGHT 2009 NewsRX. 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)
|
Wolverine Tube, Inc. ("Wolverine Tube") announced the results of its previously announced exchange offer and consent solicitation (the "Offer") for any and all of its outstanding 10 1/2% Senior Notes due 2009 (CUSIP No. 978093AE2) (the "Existing Notes"). 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 ...