TAMPA, Fla., May 4, 2010 (GLOBE NEWSWIRE) -- Quality Distribution, Inc. (Nasdaq:QLTY) ("Quality") and its wholly owned subsidiaries, Quality Distribution, LLC and QD Capital Corporation, announced today an extension of their previously announced exchange offer for their outstanding 10% Senior Notes due 2013 and 11.75% Senior Subordinated PIK Notes due 2013. The exchange offer was originally scheduled to expire at 5:00 p.m., New York City time, on May 4, 2010. However, Quality has elected to extend the offer until 5:00 p.m., New York City time, on May 11, 2010. The full terms of the exchange offer are set forth in the prospectus dated April 7, 2010, included in the registration statement filed by Quality Distribution LLC and QD Capital Corporation and declared effective on April 7, 2010, together with this press release. The exchange offer may be further amended, extended or terminated at any time.
Quality Distribution Announces Extension Of Exchange Offer For Outstanding 10% Senior Notes Due 2013 And 11.75% Senior Subordinated PIK Notes Due 2013
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.