Tomkins: Holders of 8% notes may sell securities to company at 105

By Jennifer Chiou

New York, Dec. 30 - Tomkins Ltd. announced that holders of its 8% notes due 2011 may sell their notes to the company until Jan. 14 for a purchase price of 105 plus accrued interest to Jan. 19.

In an October tender offer, the company accepted tenders for £40,906,000 of the original £150 million of 8% notes.

The notes are guaranteed by Tomkins Finance Ltd.

Tomkins added that accrued interest is expected to be £6.58 per £1,000 principal amount of notes.

The tender agent is Lucid Issuer Services Ltd. (44 20 7704 0880 or tomkins@lucid-is.com).

The dealer managers are Citigroup Global Markets Ltd. (+44 20 7986 8969 or liabilitymanagement.europe@citi.com) and Merrill Lynch International (+44 20 7995 6438/9217 or benjamin.liang@baml.com).

Tomkins is an engineering group based in London.

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