JACKSONVILLE, Fla., Nov. 4, 2016 /PRNewswire/ -- Trailer Bridge, Inc. (the "Company") today announced that it has extended the expiration of the Company's previously announced offers to acquire all of the outstanding secured notes due 2017 of the Company (the "Notes") in exchange for shares of common stock of the Company (the "Exchange Offer") or cash (the "Tender Offer" and, together with the Exchange Offer, the "Offers") to 5:00 p.m., New York City time, on November 18, 2016. The Offers are being made pursuant to an Exchange and Tender Offer Memorandum, dated October 7, 2016 (the "Offer Memorandum"), and the related letter of transmittal (the "Letter of Transmittal"). All other terms and conditions of the Offers remain unchanged. Based on the amount of valid tenders received as of 5:00 p.m., New York City time, on November 3, 2016, and giving effect to the agreement entered into with certain holders of the Notes committing to participate in the Exchange Offer, the amount of Notes participating in the Offers represents approximately 92.7% of the outstanding Notes. Holders of the Notes may tender their Notes in the Offers by completing the Letter of Transmittal in accordance with the instructions contained therein. If any Notes have been lost, destroyed or stolen, then the holder thereof should promptly notify U.S. Bank National Association, the trustee under the indenture governing the Notes, at (651) 466-5606, regarding the requirements for replacement. Such holder will then be instructed as to the steps that must be taken to replace such Note(s). THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO PURCHASE, OR A SOLICITATION OF AN OFFER TO SELL, ANY SECURITIES. THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY. THE OFFERS ARE BEING MADE ONLY PURSUANT TO THE OFFER MEMORANDUM AND THE RELATED LETTER OF TRANSMITTAL.About Trailer Bridge The Company is an integrated trucking and marine freight carrier that provides freight transportation between the continental U.S., Puerto Rico, the Dominican Republic and other Caribbean Islands. The Company was the first company serving markets governed by the Jones Act to exclusively operate marine vessels fully configured to carry 40-foot and 53-foot long, 102-inch wide, "high-cube" equipment. The Company also utilizes tug/barge vessels to help achieve lower costs per unit mile at sea compared to traditional self-propelled vessels. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. These statements are based on certain assumptions and analyses the Company has made in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate in the circumstances. The information contained in this press release identifies important factors that could cause such differences. The Company undertakes no obligation to update any of its forward-looking statements.