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Brown Jordan extends equity and cash offer for 12¾% notes
New York, Oct. 2 - Brown Jordan International, Inc. said it extended its offer to exchange equity and cash for its $105 million of 12¾% senior subordinated notes due 2007.
The offer will now expire at 5 p.m. ET on Oct. 20 instead of 5 p.m. ET on Oct. 2.
The Pompano Beach, Fla., furniture maker is also soliciting consents to amend the note indenture.
As of the old expiration deadline, holders had tendered $96.735 million of the notes.
The transaction is part of a restructuring of the company.
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