|By Business Wire||
|July 23, 2014 04:15 PM EDT||
General Cable Corporation (NYSE: BGC) (the “Company”) today announced that it has completed its offer (the “Exchange Offer”) to exchange up to $600,000,000 aggregate principal amount of its outstanding 5.750% Senior Notes due 2022 which were issued in a private placement transaction on September 25, 2012 (the “Old Notes”) for a like principal amount of its 5.750% Senior Notes due 2022 which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”). The Exchange Offer expired at 5:00 p.m., New York City time, on July 17, 2014. The Company was required to carry out the Exchange Offer under the terms of a registration rights agreement entered into in connection with the issuance of the Old Notes.
Based on information provided by the exchange agent, U.S. Bank National Association, $600,000,000 in aggregate principal amount of the 5.750% Senior Notes due 2022 were validly tendered and not withdrawn pursuant to the Exchange Offer, which represents 100% of the aggregate principal amount of the Old Notes outstanding. The Company has accepted for exchange all of the validly tendered and not withdrawn Old Notes.
This press release is for informational purposes only and is not intended to serve as a solicitation to buy securities or an offer to sell securities. The Exchange Offer was made, and the Exchange Notes were offered, solely pursuant to the prospectus dated June 17, 2014, as supplemented, and the related letter of transmittal and only to such persons and in such jurisdictions as permitted under applicable law.
General Cable (NYSE:BGC), a Fortune 500 Company, is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, construction, specialty and communications markets. For more information about General Cable visit our website at www.generalcable.com.
Sep. 26, 2016 08:15 AM EDT Reads: 2,534
Sep. 26, 2016 08:15 AM EDT Reads: 1,541
Sep. 26, 2016 08:15 AM EDT Reads: 2,360
Sep. 26, 2016 07:15 AM EDT Reads: 1,879
Sep. 26, 2016 07:15 AM EDT Reads: 1,596
Sep. 26, 2016 07:00 AM EDT Reads: 2,646
Sep. 26, 2016 06:45 AM EDT Reads: 1,952
Sep. 26, 2016 06:45 AM EDT Reads: 1,074
Sep. 26, 2016 06:30 AM EDT Reads: 2,413
Sep. 26, 2016 06:30 AM EDT Reads: 1,569
Sep. 26, 2016 06:15 AM EDT Reads: 1,651
Sep. 26, 2016 04:30 AM EDT Reads: 1,060
Sep. 26, 2016 04:30 AM EDT Reads: 1,417
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
Sep. 26, 2016 03:15 AM EDT Reads: 1,092
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Sep. 26, 2016 03:00 AM EDT Reads: 1,770