Latest Defeasance Stories
CARLSBAD, Calif., Oct. 12, 2012 /PRNewswire/ -- ViaSat Inc. (Nasdaq: VSAT) announced the results of the early acceptance of its tender offer to purchase any and all of its outstanding 8.875% Senior Notes due 2016 (the "Notes") and the related consent solicitation. (Logo: http://photos.prnewswire.com/prnh/20091216/VIASATLOGO) As of 5:00 p.m., New York City time, on October 11, 2012, ViaSat had received tenders in respect of approximately $262.1 million in aggregate principal amount...
CARLSBAD, Calif., Sept. 27, 2012 /PRNewswire/ -- ViaSat Inc. (Nasdaq: VSAT) has commenced a cash tender offer to purchase any and all of its $275 million in aggregate principal amount of outstanding 8.875% Senior Notes due 2016 (CUSIP 92552VAC4) (the "Notes"). In conjunction with the tender offer, ViaSat is soliciting consents from holders of the Notes to effect certain proposed amendments to the indenture governing the Notes. The tender offer and consent solicitation are being made...
CALGARY, May 16 /PRNewswire/ - Gibson Energy ULC and GEP Midstream Finance Corp. (together, the "Issuers") announced today that they have commenced cash tender offers to purchase any and all of their outstanding 11.75% First Lien Senior Secured Notes due 2014 (the "First Lien Notes") and 10.00% Senior Notes due 2018 (the "Senior Notes" and, together with the First Lien Notes, the "Notes") and related consent solicitations to effect certain amendments to the indentures governing...
NEW ALBANY, Ohio, April 8, 2011 /PRNewswire/ -- Commercial Vehicle Group, Inc. (Nasdaq: CVGI) (the "Company") announced today a series of financing transactions designed to refinance substantially all of its existing indebtedness. These transactions include: A proposed private offering of new senior secured notes, the proceeds of which the Company intends to use primarily to repay all of the amounts currently outstanding under its existing second lien term loan, 8% Senior Notes due 2013...
NEW YORK, Nov. 22, 2010 /PRNewswire/ -- Rain CII Carbon LLC (formerly known as CII Carbon, L.L.C.) ("Rain CII") announced today that, pursuant to the terms of its previously announced tender offer and consent solicitation with respect to the $235,000,000 in aggregate principal amount of the outstanding 11.125% Senior Subordinated Notes due 2015 of Rain CII and CII Carbon Corp., a wholly-owned subsidiary of Rain CII and the corporate co-issuer of such notes (CUSIP Nos. 22944HAA3 and...
ALISO VIEJO, Calif., Sept. 27 /PRNewswire-FirstCall/ -- Valeant Pharmaceuticals International (NYSE: VRX) today announced that it will redeem all of its outstanding 7.625% Senior Notes due 2020 (the "7.625% Notes") and all of its outstanding 8.375% Senior Notes due 2016 (together with the 7.625% Notes, the "Notes") on October 27, 2010. The notice of redemption was distributed to holders of the Notes on September 27, 2010. On and after October 27, 2010, the Notes will no longer be deemed...
MORRISVILLE, N.C., June 9 /PRNewswire-FirstCall/ -- Alliance One International, Inc. (NYSE: AOI) ("Alliance One" or the "Company") today announced that it has commenced a cash tender offer, on the terms and subject to the conditions set forth in the Company's Offer to Purchase and Consent Solicitation Statement dated June 9, 2009 (the "Offer to Purchase"), for any and all of its outstanding (i) 11% senior notes due 2012 (the "11% Notes"), (ii) 8-1/2% senior notes due 2012 (the "8-1/2%...
LAS VEGAS, May 13 /PRNewswire-FirstCall/ -- MGM MIRAGE (NYSE: MGM) today announced that it has entered into amendment no. 6 and waiver to its senior credit facility, the effectiveness of which is conditioned upon (i) the closing of concurrent offerings of our common stock and our new senior secured notes offering, with the gross proceeds of the offerings not to be less than $2.5 billion, (ii) permanent repayment of $750 million of the credit facility borrowings, allocated between the term...
CHARLOTTE, N.C., Jan. 13 /PRNewswire-FirstCall/ -- Commercial Defeasance, LLC, the industry leader in commercial real estate defeasance, recently launched a new website at www.defeasewithease.com . The popular Quick Quote(TM) calculator received enhancements and remains the focal point of the site. It allows you to save multiple cost estimates and have them automatically updated with the push of a button. John Hosmer, CEO at Commercial Defeasance, stated, "In today's challenging...
