This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Century Aluminum Company to Commence Exchange Offer and Consent Solicitation Related to Its 7.5% Senior Notes Due 2014 and Consent Solicitation for Its 1.75% Senior Convertible Notes Due 2024 2009-10-27 22:22 ET - News Release MONTEREY, CA
-- (MARKET WIRE)
-- 10/27/09  
Century Aluminum Company (the "Company")
(NASDAQ: CENX) today announced that it expects on October 28, 2009 to
commence (i) an exchange offer and consent solicitation relating to its
7.5% Senior Notes due 2014, CUSIP No. 156431AH1 (the "2014 Notes") and (ii)
a consent solicitation relating to its 1.75% Convertible Senior Notes due
2024, CUSIP Nos. 156431AE8 and 156431AD0 (the "2024 Notes").
Exchange Offer and Consent Solicitation Related to 2014 Notes
Holders who tender their 2014 Notes prior to the expiration of the exchange
offer will receive newly issued 8% Senior Secured Notes due 2014 (the
"Exchange Notes"). The Exchange Notes will bear interest at the rate of 8%
per annum, payable semi-annually on May 15 and November 15 of each year,
commencing May 15, 2010, and mature on May 15, 2014. All of the Company's
existing and future domestic restricted subsidiaries, other than
foreign-owned parent holding companies, will guarantee the Exchange Notes
on a senior secured basis. The Exchange Notes and related guarantees will
rank:
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