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Jarden Closes $250 Million Term Loan Facilities Increase and Announces Acceptance for Payment of Early Tendered 8% Senior Notes



    Jarden Closes $250 Million Term Loan Facilities Increase and Announces
      Acceptance for Payment of Early Tendered 8% Senior Notes Due 2016

PR Newswire

RYE, N.Y., March 28, 2013

RYE, N.Y., March 28, 2013 /PRNewswire/ -- Jarden Corporation (NYSE: JAH)
("Jarden" or the "Company") announced today that it has closed its previously
announced facilities increase of additional tranche A term loans under its
existing senior credit facility in an aggregate principal amount of $250
million.  The proceeds from the loans are being used to fund the Company's
previously announced cash tender offer (the "Tender Offer") for any and all of
the $300 million outstanding principal amount of the 8% Senior Notes due 2016
(the "Notes") and the related Consent Solicitation as well as to fund the
expected redemption of any Notes not tendered in the Tender Offer.

Jarden also announced that it has accepted and rendered payment on March 28,
2013 for $168.5 million in principal amount for the Notes that were tendered
by 5:00 p.m. Eastern Time on March 27, 2013 (the "Early Tender Deadline").
This payment has made effective certain amendments to the indenture governing
the Notes (the "Indenture") that eliminated substantially all of the
restrictive covenants contained therein and shortened the notice period for
optional redemptions of the Notes.

The Tender Offer will expire at 11:59 p.m., Eastern Time, on April 11, 2013
(the "Expiration Time"), unless extended or earlier terminated.  As described
in more detail in the Offer to Purchase and related Consent and Letter of
Transmittal, subject to the terms and conditions of the Tender Offer, holders
of the Notes who validly tender their Notes and deliver their consents after
the Early Tender Deadline but by the Expiration Time are eligible to receive
an amount equal to $1,016.75 per $1,000 principal amount of Notes tendered. 
Holders whose tendered Notes are accepted for purchase will also receive
accrued and unpaid interest from, and including, the most recent interest
payment date for the Notes, to, but not including, the applicable payment date
for the Notes.  Notes tendered after the Early Tender Deadline may not be
withdrawn and the related consents may not be revoked.

If less than all of the Notes are tendered and accepted for purchase pursuant
to the Tender Offer, Jarden expects to redeem the remaining outstanding Notes
upon the terms and conditions set forth in the Indenture; however, Jarden is
not obligated to do so.

This press release does not constitute an offer to sell or purchase, or a
solicitation of an offer to sell or purchase, or the solicitation of tenders
with respect to, the Notes.  No offer, solicitation, purchase or sale will be
made in any jurisdiction in which such an offer, solicitation, or sale would
be unlawful.  The Tender Offer and the Consent Solicitation are being made
solely pursuant to the Offer to Purchase and the related Consent and Letter of
Transmittal made available to holders of the Notes.

The complete terms and conditions of the Tender Offer and Consent Solicitation
are described in the Offer to Purchase and Consent Solicitation Statement
dated March 14, 2013 (the "Offer to Purchase") and the related Consent and
Letter of Transmittal, copies of which may be obtained from D.F. King & Co.,
Inc., the Tender Agent and Information Agent for the Tender Offer, at (800)
769-4414 (US toll free) or, for banks and brokers, (212) 269-5550. The Company
has retained Barclays Capital Inc. as lead dealer manager and Credit Suisse
Securities (USA) LLC as co-dealer manager and solicitation agents in
connection with the Tender Offer and the Consent Solicitation. Questions
regarding the terms of the Tender Offer and the Consent Solicitation may be
directed to Barclays Capital Inc., at (800) 438-3242 (toll-free) and (212)
528-7581 (collect).

About Jarden Corporation
Jarden Corporation is a leading provider of a diverse range of consumer
products with a portfolio of over 100 trusted, quality brands sold globally.
Jarden operates in three primary business segments through a number of well
recognized brands, including: Outdoor Solutions: Abu Garcia®, Aero®, Berkley®,
Campingaz® and Coleman®, ExOfficio®, Fenwick®, Gulp!®, K2®, Marker®, Marmot®,
Mitchell®, Penn®, Rawlings®, Shakespeare®, Stearns®, Stren®, Trilene®, Volkl®
and Zoot®; Consumer Solutions: Bionaire®, Breville®, Crock-Pot®, FoodSaver®,
Health o meter®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rival®, Seal-a-Meal®,
Sunbeam®, VillaWare® and White Mountain®; and Branded Consumables: Ball®,
Bee®, Bernardin®, Bicycle®, Billy Boy®, Crawford®, Diamond®, Dicon®, Fiona®,
First Alert®, First Essentials®, Hoyle®, Kerr®, Lehigh®, Lifoam®, Lillo®, Loew
Cornell®, Mapa®, NUK®, Pine Mountain®, Quickie®, Spontex® and Tigex®.
Headquartered in Rye, N.Y., Jarden ranks #371 on the Fortune 500 and has over
25,000 employees worldwide. For in-depth information about Jarden, please
visit www.jarden.com.

Note: This news release contains "forward-looking statements" within the
meaning of the federal securities laws and is intended to qualify for the safe
harbor from liability established by the Private Securities Litigation Reform
Act of 1995, including statements regarding the Company's earnings per share
and adjusted diluted earnings per share, expected or estimated revenue,
segment earnings, net interest expense, income tax provision, cash flow from
operations, and reorganization and other non-cash charges, the outlook for the
Company's markets and the demand for its products, consistent profitable
growth, free cash flow, future revenues and gross, operating and EBITDA margin
improvement requirement and expansion, organic net sales growth, bank leverage
ratio, the success of new product introductions, growth in costs and expenses,
the impact of commodities, currencies and transportation costs and the
Company's ability to manage its risk in these areas, repurchase of shares of
common stock from time to time under the Company's stock repurchase program,
repurchase of the Company's debt securities from time to time pursuant to a
tender offer or otherwise, the Company's ability to raise new debt, and the
impact of acquisitions, divestitures, restructurings, and other unusual items,
including the Company's ability to integrate and obtain the anticipated
results and synergies from its consummated acquisitions. These projections and
statements are based on management's estimates and assumptions with respect to
future events and financial performance and are believed to be reasonable,
though are inherently uncertain and difficult to predict. Actual results could
differ materially from those projected as a result of certain factors.  A
discussion of factors that could cause results to vary is included in the
Company's periodic and other reports filed with the Securities and Exchange
Commission.

SOURCE Jarden Corporation

Website: http://www.jarden.com
Contact: Trisha Mount or Rachel Wilson, +1-914-967-9400; Investor Relations:
Allison Malkin, Press: Alecia Pulman, ICR, Inc., +1-203-682-8200
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