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The underwriters for the offering will also have the option to purchase up to $45 million principal amount of additional debentures solely to cover any over-allotments. The Company intends to use the proceeds from the offering for general corporate purposes. If the underwriters exercise their over-allotment option to purchase additional notes, the Company will use the proceeds from such sale of additional notes for general corporate purposes.
Jefferies & Company is acting as sole book-running manager for the offering and joint lead manager with Citibank Global Markets.
Jefferies, a securities and investment banking group, serves companies and their investors, providing clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management.
More Information:
www.jefferies.com
http://www.jefco.com
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