Ancestry.com Inc. Announces Exchange Offer for Its 11.00% Senior Notes Due
PROVO, Utah, July 26, 2013 (GLOBE NEWSWIRE) -- Ancestry.com Inc. (the
"Company"), a wholly owned subsidiary of Ancestry.com LLC, today announced
that it is offering to exchange (the "Exchange Offer") up to $300,000,000 of
its outstanding 11.00% Senior Notes due 2020 (the "Outstanding Notes") for up
to $300,000,000 of its new 11.00% Senior Notes due 2020 (the "Exchange Notes"
and, together with the Outstanding Notes, the "Notes") that have been
registered under the Securities Act of 1933, as amended. The Exchange Offer is
being conducted pursuant to the terms of the Outstanding Notes.
The Exchange Notes to be issued in the Exchange Offer will be substantially
identical to the Outstanding Notes, except that the Exchange Notes have been
registered under the federal securities laws, are not subject to transfer
restrictions, are not entitled to registration rights and will not provide for
the payment of additional interest under circumstances relating to the timing
of the Exchange Offer.
The Exchange Offer will expire at 5:00 pm, New York City time on August 26,
2013, unless extended by the Company. Valid tenders of the Outstanding Notes
must be made, and may be withdrawn at any time, before the Exchange Offer
Wells Fargo Bank, National Association, the trustee under the indenture
governing the Notes, is serving as the exchange agent in connection with the
Exchange Offer. Questions or requests for documents relating to the Exchange
Offer should be directed to Wells Fargo Bank, National Association at (800)
This press release is for informational purposes only and does not constitute
an offer to sell or the solicitation of an offer to buy securities. The
Exchange Offer is being made only pursuant to a prospectus and the related
letter of transmittal and only to such persons and in such jurisdictions as is
permitted under applicable law. For instructions on how to participate in the
Exchange Offer and the consequences to holders who do not participate in the
Exchange Offer, see the prospectus filed with the Securities and Exchange
Commission in connection with the Exchange Offer.
Ancestry.com is the world's largest online family history resource with
approximately 2.7 million paying subscribers across all its websites. More
than 11 billion records have been added to the Ancestry.com sites and users
have created more than 50 million family trees containing more than 5 billion
profiles. In addition to its flagship site www.ancestry.com, the company
operates several Ancestry international websites along with a suite of online
family history brands including Archives.com, Fold3.com and Newspapers.com,
all designed to empower people to discover, preserve and share their family
This press release contains forward-looking statements. These statements
relate to future events and involve known and unknown risks uncertainties, and
other factors that may cause the Company's actual results, levels of activity,
performance, or achievements to be materially different from those anticipated
in these forward-looking statements. In some cases, you can identify
forward-looking statements by the use of words such as "appears," "may,"
"designed," "expect," "intend," "focus," "seek," "anticipate," "believe,"
"estimate," "predict," "potential," "should," "continue" or "work" or the
negative of these terms or other comparable terminology. These forward-looking
statements are based on information available to the Company as of the date of
this press release. Forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ materially from those
anticipated by these forward-looking statements. Such risks and uncertainties
include a variety of factors, some of which are beyond the Company's control.
Information concerning additional factors that could cause events or results
to differ materially from those projected in the forward-looking statements is
contained under the caption "Risk Factors" in our Registration Statement on
Form S-4 and in discussion in other of our Securities and Exchange Commission
These forward-looking statements should not be relied upon as representing our
views as of any subsequent date and we assume no obligation to publicly update
or revise these forward-looking statements for any reason, whether as a result
of new information, future events, or otherwise.
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