Latest Subordinated debt Stories

BURBANK, Calif., Dec. 11, 2012 /PRNewswire/ -- LBI Media, Inc. ("Media"), LBI Media Holdings, Inc. ("Holdings") and Liberman Broadcasting, Inc. ("Parent" and together with Media and Holdings, the "Companies") announced today that they have amended certain terms of their previously announced private exchange offers (the "Exchange Offers") with respect to Media's 8½% senior subordinated notes due 2017 (the "Old Senior Subordinated Notes") and Holdings' 11% senior discount notes due...

DENVER, Nov. 28, 2012 /PRNewswire/ -- CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit System associations throughout the United States, today announced the early tender results for its modified "Dutch Auction" cash tender offer (the "Offer") for up to $150 million aggregate principal amount (the "Tender Cap") of its 7.875% Subordinated Notes due 2018 (the "Subordinated Notes"). As of 5:00 p.m., New York City time, on November 28, 2012...

COLUMBUS, Ohio, Nov. 8, 2012 /PRNewswire/ -- American Electric Power (NYSE: AEP) today announced that on Dec. 19, 2012, it will redeem the entire outstanding $315,000,000 principal amount of unsecured 8.75% Junior Subordinated Debentures, at a redemption price equal to 100% of the principal amount, plus accrued interest thereon to the date of redemption, and a make-whole premium which will be determined three business days prior to the redemption date. Notice of the redemption is...

BURBANK, Calif., Oct. 12, 2012 /PRNewswire/ -- LBI Media, Inc. ("Media") announced today that it has amended certain terms of its previously announced private exchanges offers (the "Exchange Offers") and solicitation of consents (the "Exchange Offers Consents"), with respect to its 8½% senior subordinated notes due 2017 (the "Old Senior Subordinated Notes") and LBI Media Holdings, Inc.'s 11% senior discount notes due 2013 (the "Discount Notes", and together with the Old Senior...

BURBANK, Calif., Sept. 21, 2012 /PRNewswire/ -- LBI Media, Inc. ("Media") announced today that the Expiration Date has been extended to midnight, New York City time, on September 28, 2012 for their previously announced private exchange offers (the "Exchange Offers") to exchange: <blockquote> (a) Media's 11% Senior Secured Notes due 2019 (the "Senior Priority Secured Notes") and Media's 11% Junior Priority Senior Secured Notes due 2019 (the "Junior Priority Senior Secured...

PLANO, Texas, Sept. 18, 2012 /PRNewswire/ -- LifeCare Holdings, Inc. (the "Company") has obtained loan waivers from its Senior Secured Lenders and more than a majority of its Senior Subordinated Noteholders. The waivers, which expire on November 1, 2012, provide the Company additional time to continue discussions with its creditors, potential buyers and other interested parties as it pursues longer-term solutions for its debt structure. The Senior Secured Lenders waived...

WINNIPEG, MB, Aug. 20, 2012 /CNW/ - (TSX: NFI) (TSX: NFI.DB.U) New Flyer Industries Inc. ("NFI") and New Flyer Industries Canada ULC ("NFI ULC", together with NFI, the "Company" or "New Flyer") announced today that NFI ULC has completed the redemption of all of its outstanding 14.0% subordinated notes (the "Subordinated Notes"), including those held separately and those held in the form of an income deposit security ("IDS"), in accordance with the terms of the trust indenture...

MultiPlan, Inc. today announced that on Friday, August 10, 2012 it will make available to holders of its 9 7/8% Senior Subordinated Notes due 2018, a report called for in Section 4.03 of the Indenture dated August 26, 2010. New York, NY (PRWEB) August 07, 2012 MultiPlan, Inc. today announced that on Friday, August 10, 2012 it will make available to holders of its 9 7/8% Senior Subordinated Notes due 2018, a report called for in Section 4.03 of the Indenture dated August 26, 2010. An...

BURBANK, Calif., July 17, 2012 /PRNewswire/ -- LBI Media, Inc. ("Media") announced today that it is commencing private exchange offers (the "Exchange Offers") to exchange: (a) Media's 11% Senior Secured Notes due 2019 (the "Senior Priority Secured Notes") and Media's 11% Junior Priority Senior Secured Notes due 2019 (the "Junior Priority Senior Secured Notes") for any and all of Media's 8½% Senior Subordinated Notes due 2017 (the "Old Senior Subordinated Notes") and (b) (i) if...

STAMFORD, Conn., June 5, 2012 /PRNewswire/ -- Cenveo, Inc. (NYSE: CVO, "Cenveo") announced today that its wholly-owned subsidiary, Cenveo Corporation, has executed an agreement that provides for $65 million aggregate principal amount of an additional Term Loan (the "Loan") under its senior secured credit agreement (the "Credit Agreement"). The Loan is identical to the existing term loan under the Credit Agreement and is expected to close this week. (Logo:...