Denver, Colo. (PRWEB) July 20, 2012
Tomkins, LLC and Tomkins, Inc. (referred to jointly as the “Company”) today announced that they have accepted for purchase $475,000,000 aggregate principal amount of the Company’s 9% Senior Secured Second Lien Notes Due 2018 (the “Notes”) tendered in its previously announced cash tender offer (the “Tender Offer”).
As announced on July 5, 2012, the Tender Offer was oversubscribed with respect to the Notes. The Company therefore has accepted for purchase tendered Notes on a prorated basis in the manner described in the Offer to Purchase and Consent Solicitation, dated as of June 21, 2012 (the “Statement”). The attached table sets forth the original outstanding principal amount of the Notes included in the Tender Offer, the principal amount of such Notes that had been tendered and not withdrawn as of 12:00 midnight, New York City time, on July 19, 2012, the principal amount of such Notes accepted for purchase and the approximate proration factor for such Notes.
The complete terms and conditions of the Tender Offer and Consent Solicitation are described in the Statement and related Letter of Transmittal and Consent, copies of which may be obtained by contacting Global Bondholder Services Corporation, which is acting as the depositary and information agent for the Tender Offer and Consent Solicitation, at (866) 470-3800 (toll-free). Citigroup and BofA Merrill Lynch are acting as dealer managers for the Tender Offer and as solicitation agents for the Consent Solicitation. For additional information regarding the terms of the Tender Offer and Consent Solicitation, please contact: Citigroup at (800) 558-3745 (toll-free) or (212) 723-6106 (collect) or BofA Merrill Lynch at (888) 292-0070 (toll-free) or (980) 387-3907 (collect).
THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NEITHER AN OFFER TO PURCHASE, A SOLICITATION OF AN OFFER TO PURCHASE NOR A SOLICITATION OF CONSENT WITH RESPECT TO THE NOTES OR ANY OTHER SECURITIES. THE TENDER OFFER AND THE CONSENT SOLICITATION ARE BEING MADE SOLELY PURSUANT TO THE STATEMENT AND RELATED LETTER OF TRANSMITTAL AND CONSENT, WHICH SET FORTH THE COMPLETE TERMS OF THE TENDER OFFER AND CONSENT SOLICITATION WHICH HOLDERS OF THE NOTES SHOULD CAREFULLY READ PRIOR TO MAKING ANY DECISION.
THE TENDER OFFER AND THE CONSENT SOLICITATION ARE NOT BEING MADE TO HOLDERS OF NOTES IN ANY JURISDICTION IN WHICH THE MAKING OF OR ACCEPTANCE OF THE TENDER OFFER OR THE CONSENT SOLICITATION WOULD NOT BE IN COMPLIANCE WITH THE LAWS OF SUCH JURISDICTION. THE COMPANY EXPRESSLY RESERVES THE RIGHT, SUBJECT TO APPLICABLE LAW, TO TERMINATE THE TENDER OFFER AND THE CONSENT SOLICITATION. THIS PRESS RELEASE DOES NOT CONSTITUTE A NOTICE OF REDEMPTION OR AN OBLIGATION TO ISSUE A NOTICE OF REDEMPTION IN RESPECT OF THE NOTES.
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature or which relate to future events and are subject to risks and uncertainties. In many cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these terms and other comparable terminology. These statements are only predictions. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a number of factors. The forward-looking statements made in this press release relate only to events as of the date of this release. We undertake no ongoing obligation to update these statements.