Quality Distribution Announces Extension Of Exchange Offer For Outstanding 10% Senior Notes Due 2013 And 11.75% Senior Subordinated PIK Notes Due 2013
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.
This press release is not an offer to sell or a solicitation of an offer to buy securities in the United States or any other jurisdiction, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration and qualification under the securities laws of any such jurisdiction. Any public offering of securities in the exchange offer is being made in the United States solely by means of the above-described prospectus. You may obtain these documents for free at www.sec.gov. Alternatively, a copy of the prospectus and offering materials relating to the exchange offer may be obtained by contacting, and any questions regarding the exchange offer should be directed to, Carolle Montreuil at Bank of New York Mellon Corporation, Corporate Trust Operations, 101 Barclay Street – 7 East, New York, New York 10286 (Tel (212)-815-5920; Fax (212)-298-1915).
Headquartered in Tampa, Florida, Quality, through its subsidiaries, Quality Carriers, Inc. and Boasso America Corporation, and through its affiliates and independent owner-operators, provides bulk transportation and related services. Quality is an American Chemistry Council Responsible Care® Partner and is a core carrier for many of the Fortune 500 companies that are engaged in chemical production and processing.
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