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Article: Doe Run Resources Announces Tentative Agreement Regarding Consensual Restructuring.
- Article from:
- PR Newswire
- Article date:
- October 17, 2002
CopyrightCOPYRIGHT 2002 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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ST. LOUIS -- The Doe Run Resources Corporation ("Doe Run") announced today that it had reached an understanding with certain Holders of its Old Notes regarding its Revised Exchange Offer and Solicitation of Acceptances, pursuant to which it believes it will achieve the minimum tender required to consensually consummate its Revised Exchange Offer, as amended pursuant to the terms described herein. Doe Run is extending the expiration time of its Revised Exchange Offer until 5:00 P.M., New York City time on Friday, October 18, 2002, at which time, if Doe Run has achieved the tender by Holders of 96% of the aggregate amount outstanding of its Senior Secured Notes, 97% of the ...