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Published on 6/20/2006 in the Prospect News High Yield Daily.

GenCorp extends consent solicitation for 9½% notes due 2013

New York, June 20 - GenCorp Inc. extended its consent solicitation to amend the indenture of its 9½% senior subordinated notes due 2013.

The new deadline is 5 p.m. ET on June 21, pushed back from 5 p.m. ET on June 20.

The amendment will permit GenCorp increase indebtedness under its senior credit agreement.

As announced on June 8, GenCorp is seeking consents from a majority of noteholders and said it will pay a consent fee of $1.25 for each $1,000 principal amount of notes.

Wachovia Securities is the solicitation agent (call collect 704 715-8341 or 866 309-6316). Global Bondholder Services Corp. is the tabulation and information agent (call collect 212 430-3774 or 866 470-4500).

The Sacramento, Calif., company is a technology-based manufacturer of aerospace and defense products.


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