Alliance One International Announces Exchange Offer for 9.875% Senior Secured
Second Lien Notes Due 2021
MORRISVILLE, N.C., Nov. 20, 2013
MORRISVILLE, N.C., Nov. 20, 2013 /PRNewswire/ --Alliance One International,
Inc. (NYSE:AOI) today announced that it has commenced an offer to exchange up
to $735 million of 9.875% Senior Secured Second Lien Notes due 2021 (the "New
Notes"), which have been registered under the Securities Act of 1933, as
amended, for its outstanding unregistered 9.875% Senior Secured Second Lien
Notes due 2021 (the "Original Notes") (CUSIP Nos. 018772 AR4 and U0187P AG1).
The exchange offer is being conducted to satisfy the Company's obligations
under the terms of registration rights agreement entered into in connection
with the sale of the Original Notes completed on August 1, 2013 and does not
represent a new financing transaction. The Company will not receive any
proceeds from the exchange offer. The terms of the New Notes are substantially
identical to those of the Original Notes, except that certain transfer
restrictions, registration rights and additional interest provisions related
to the registration rights applicable to the Original Notes do not apply to
the New Notes.
The exchange offer will expire at 5:00 p.m., New York City time, on Friday,
December 20, 2013 (the "expiration time"), unless it is extended or
terminated. Holders must tender their Original Notes on or prior to the
expiration time if they wish to participate in the exchange offer. Tenders of
Original Notes may be validly withdrawn at any time on or prior to the
Documents describing the terms of the exchange offer, including the prospectus
and transmittal materials for making tenders, can be obtained from the
exchange agent, Deutsche Bank Trust Company Americas, by contacting DB
Services Americas, Inc., Attention: Reorg. Department, 5022 Gate Parkway,
Suite 200, Jacksonville, FL 32256, telephone (877) 843-9767.
This news release is for informational purposes only and is not an offer to
buy or the solicitation of an offer to sell any securities of Alliance One
International, Inc. The exchange offer is being made only pursuant to the
exchange offer documents, including the prospectus and the letter of
transmittal that are being distributed to holders of the Original Notes and
have been filed with the Securities and Exchange Commission.
About Alliance One
Alliance One International, Inc. is a leading independent leaf tobacco
merchant serving the world's cigarette manufacturers.
SOURCE Alliance One International, Inc.
Contact: Joel L. Thomas, (919) 379-4300
Press spacebar to pause and continue. Press esc to stop.