This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Louisiana-Pacific Corporation Announces Exchange Offer For 7.500% Senior Notes Due 2020

Stocks in this article: LPX

Louisiana-Pacific Corporation (“LP”) (NYSE:LPX) announced today the commencement of an exchange offer pursuant to which it is offering to exchange up to $350,000,000 in aggregate principal amount of its 7.500% Senior Notes due 2020 (the “New Notes”), which have been registered under the Securities Act of 1933 (the “Act”), for an equal aggregate principal amount of its unregistered outstanding 7.500% Senior Notes due 2020 (the “Old Notes”). The Old Notes were issued on May 21, 2012 in a transaction exempt from registration under the Act. The terms of the New Notes will be substantially identical to the terms of the Old Notes, except that the New Notes will be registered under the Act and will not be subject to restrictions on transfer or provisions relating to special interest applicable to the Old Notes. The New Notes will bear a different CUSIP or ISIN number from the Old Notes and will not entitle their holders to registration rights.

The terms and conditions of the exchange offer for the Old Notes are set forth in a prospectus dated July 10, 2012 and the related letter of transmittal. The exchange offer will expire at 5:00 p.m., New York City time, on August 7, 2012, unless extended or earlier terminated (such date and time, as the same may be extended, being the “Expiration Time”). Except in the limited circumstances described in the prospectus, any and all Old Notes that are validly tendered in the exchange offer and not validly withdrawn prior to 5:00 p.m., New York City time, on August 7, 2012, the Expiration Time, will be accepted for exchange.

This press release is for informational purposes only and is not an offer to purchase any Old Notes or sell any New Notes or a solicitation of an offer to sell any Old Notes or purchase any New Notes. The exchange offer is being made only pursuant to a prospectus and letter of transmittal that have been filed with the Securities and Exchange Commission (the “SEC”) as part of Louisiana-Pacific Corporation's Registration Statement on Form S-4 (File No. 333-182441). The Registration Statement was declared effective by the SEC on July 10, 2012.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs