New book by Larry Connors Click here Improve your trading - See how
Proceeds will be used to purchase up to USD200m aggregate principal amount of the company's outstanding 7 7/8% senior notes due 2012 and up to USD100m aggregate principal amount of its outstanding 6 1/4% senior notes due 2013 in a cash tender offer.
If the tender offer is not completed, or there are any remaining net proceeds, then those will be used for general corporate purposes.
The offering is expected to close on 20 November 2009.
The joint book running managers for the offering are Citigroup Global Markets Inc, Banc of America Securities LLC, Calyon Securities (USA) Inc, RBS Securities Inc and Scotia Capital (USA) Inc.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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