Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for Owens-Illinois Inc. > News item |
Owens-Illinois tenders for $250 million of 7.8% debentures due 2018
By Susanna Moon
Chicago, March 8 – Owens-Illinois, Inc. said it began a tender offer for its $250 million principal amount of outstanding 7.8% senior debentures due 2018.
The purchase price will be $1,071.83 per $1,000 principal amount plus accrued interest to but excluding the settlement date of March 15.
The tender offer will end at 5 p.m. ET on March 14.
Settlement for notes delivered under the guaranteed delivery procedures will occur on March 17.
Tendered notes may be withdrawn at any time before the offer ends.
Credit Agricole CIB (866 807-6030 or 212 261-7802) is the dealer manager. The information agent is Global Bondholder Services Corp. (866 470-3900, 212 430-3774, contact@gbsc-usa.com or gbsc-usa.com/Owens-Illinois/).
Owens-Illinois is a Perrysburg, Ohio-based glass container manufacturer.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.