Home » Procurement News » United States : Century Aluminum Company Announces Receipt of Requisite Consents in Exchange Offer and Consent Solicitation Related to Its 7.5% Senior Notes Due 2014
Procurement And Tender News
Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
United States : Century Aluminum Company Announces Receipt of Requisite Consents in Exchange Offer and Consent Solicitation Related to Its 7.5% Senior Notes Due 2014
Publish Date : 25-Nov-2009
Century Aluminum Company (the \"Company\") (NASDAQ: CENX) today announced that it has received the requisite consents in its exchange offer and consent solicitation related to its 7.5% Senior Notes due 2014, CUSIP No. 156431AH1 (the \"2014 Notes\"). The Company has been advised by the information and exchange agent for the exchange offer and consent solicitation that holders of approximately 97% of the aggregate principal amount of the 2014 Notes had tendered 2014 Notes in the exchange offer and delivered related consents in the consent solicitation by 11:59 p.m., New York City time, on November 18, 2009 (the \"Consent Payment Deadline\").
Holders of 2014 Notes not tendered prior to the Consent Payment Deadline may tender their notes and deliver related consents until 11:59 p.m., New York City time, on December 3, 2009, but will receive in exchange only the Company\'s newly issued 8% Senior Secured Notes due 2014 (the \"Exchange Notes\") and not the consent payment.
This press release does not constitute an offer to exchange or a solicitation of consents relating to the 2014 Notes or any other securities of the Company. The exchange offer and consent solicitation is being made pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the \"Securities Act\") contained in Section 3(a)(9) of the Securities Act. The Company has not filed and will not file a registration statement under the Securities Act or any other federal or state securities laws with respect to the offer of Exchange Notes in the exchange offer and consent solicitation related to the 2014 Notes described above.
Century Aluminum Company owns primary aluminum capacity in the United States and Iceland. Century\'s corporate offices are located in Monterey, California.