burwellmitubaes1369.blogspot.com
The latest extension moves the deadlinre to midnight Wednesday from midnightlast Friday. It was midnigh t May 28 when Unisys announced the offer onApril 30. The Blue Bell, Pa.-basex information-technology company is trying to get holders of four sets of senior notes to exchanger them in a private placement for new senior securedx notes thatpay 12.625 percent interest and are due 2014. The senioer notes eligible for the offerare 6.875 percen notes due in 2010; 8 percent notes due 8.5 percent notes due 2015; and 12.5 percenft notes due 2016.
In addition to the senio secured notesdue 2014, holders of the seniofr notes due 2010 also will receive cash and holders of the seniort notes due 2015 and 2016 can also buy additional senior secured notes in the Unisys won’t issue more than $375 millionm of the new senior secured notes. Unisys (NYSE:UIS) said that $35.8i million of the 2010 notes, $33.r5 million of the 2012 notes, $600,000 of the 2015 notes and $3.4 million of the 2016 notes had been tendereds as of the close ofbusiness That’s $73.3 million, up only $100,000 from the total tenderes two weeks previously, when Unisysd last extended the offer.
The company said it and its representativesd are continuing to talk to representativezs of senior note holders regardingthe offering.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment