Edgen Group Announces Early Results For The Tender Offer And Consent Solicitation And Proposed Redemption Of Outstanding Notes
The Offer will expire at 11:59 p.m., New York City time, on October 29, 2012 unless extended (the “Expiration Date”). Holders of the Notes who validly tender their Notes after the Consent Deadline, but on or prior to the Expiration Date, will receive $1,060 per $1,000 principal amount of the Notes accepted, plus, in each case, any accrued and unpaid interest on such Notes up to, but not including, the payment date for such Notes; however, holders of Notes tendered after the Consent Deadline will not receive a consent payment.
The complete terms and conditions of the Offer are described in the Offer to Purchase. Edgen Murray Corporation reserves the right to amend the terms of the Offer or extend the Expiration Date, in its sole discretion, at any time.
Persons with questions regarding the Offer should contact Jefferies & Company, Inc., the Dealer Manager and Solicitation Agent, at (203) 363-8273 (Call Collect) or (888) 708-583 (Toll Free). Requests for copies of the Offer to Purchase or other tender offer materials may be directed to i-Deal LLC, the Information Agent, at (888) 593-9546.
This press release does not constitute an offer to purchase the Notes or a solicitation of consents to amend the related indenture. The Offer is made solely pursuant to the Offer to Purchase. The Offer is not being made to holders of the Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. Holders of the Notes are urged to read the Offer to Purchase and related documents carefully before making any decision with respect to the Offer. Holders of the Notes must make their own decisions as to whether to tender their Notes and provide the related consents. None of Edgen, Edgen Murray Corporation, the Dealer Manager and Solicitation Agent, or the Information Agent or their respective affiliates makes any recommendation as to whether holders should tender their Notes pursuant to the Offer or provide the related consents, and no one has been authorized to make such a recommendation.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim 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
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
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
Stocks Under $10
TRY IT FREEDavid 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
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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 + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur 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
