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KIK seeks consents to amend 6.5% exchangeable debentures
By Laura Lutz
Des Moines, April 20 - KIK Acquisition Co. and KCP Income Fund announced that KIK is soliciting consents to amend the debenture governing its 6.5% exchangeable unsecured subordinated debentures due 2010.
The proposed amendments will allow the immediate redemption of all of the debentures for 100% of their principal amount.
The consent solicitation will expire at 5 p.m. ET on May 10.
Georgeson (866 676-3004) is the information agent, and UBS Investment Bank (203 719-4210 or 888 722-9555 ext. 4210) is the solicitation agent.
KIK is a manufacturer of consumer products based in Concord, Ont. KCP is its parent company.
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