Corning Announces Results To Date Of Cash Tender Offer
Corning Incorporated (NYSE: GLW) announced today that, pursuant to its previously announced cash tender offer, $74,681,000 million in aggregate principal amount of debentures subject to the cash tender offer were validly tendered and not validly withdrawn before 5 p.m. New York City time on Thursday, Nov. 8, 2012, the Early Tender Date for the tender offer, according to information provided by D.F. King & Co., the depositary for the tender offer, as more fully set forth below.
| Title of Security | Acceptance Priority Level | Aggregate Principal Amount Outstanding | Principal Amount Tendered | Approximate Percentage of Outstanding Amount Tendered | ||||
| 8.875% Debentures due August 15, 2021 | 1 | $ 75,000,000 | $13,095,000 | 17.46% | ||||
| 8.875% Debentures due March 15, 2016 | 2 | $ 75,000,000 | $10,729,000 | 14.31% | ||||
| 6.75% Debentures due September 15, 2013 | 3 | $100,000,000 | $50,857,000 | 50.86% | ||||
| Aggregate Total Tender Offer Securities(1) | $250,000,000 | $74,681,000 | 29.87% | |||||
(1) The maximum aggregate principal amount of debentures that will be purchased by Corning is $75,000,000.
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