Melrose PLC (MRO) - Results of Offer to Purchase Senior Notes
RNS Number : 2017P
22 October 2012
22 October 2012
ELSTER ANNOUNCES RESULTS OF ITS OFFER TO PURCHASE €250 MILLION 6.25% SENIOR
NOTES DUE 2018
Melrose PLC's subsidiary, Elster Group SE ("Elster") today announced the
results of its previously announced offer to purchase €250 million in
aggregate principal amount of its 6.25% Senior Notes due 2018 (the "Notes")
(Regulation S Notes: Common Code 061702750, ISIN XS0617027502, Rule 144A
Notes: Common Code 061702784, ISIN XS0617027841), at a price in cash equal to
101% of the aggregate principal amount of the Notes, plus accrued and unpaid
interest up to, but not including, the date of purchase (the "Change of
Control Offer"). The Change of Control Offer was made pursuant to the change
of control provisions of the Indenture dated 21 April 2011 (the "Indenture"),
under which the Notes were issued.
The Change of Control Offer expired at midnight, New York Time, on 18 October
According to information provided by Deutsche Bank AG, London Branch, no Notes
were tendered in the Change of Control Offer.
As previously announced, Elster intends to give notice of its intention to
redeem the outstanding €250 million in aggregate principal amount of the Notes
at the applicable makewhole price pursuant to the Indenture no later than 28
October 2012. Any such notice may be subject to conditions precedent.
This announcement is for information purposes only and is neither an offer to
purchase nor a solicitation of an offer to buy, sell, issue or subscribe
Nick Miles/Ann-marie Wilkinson/Andrew Benbow +44 (0)20 7920 2330
This information is provided by RNS
The company news service from the London Stock Exchange
MSCBKBDDKBDDDKB -0- Oct/22/2012 14:34 GMT
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