23 MAY 2013Marketwire.com
Century Aluminum company announces proposed offering of senior secured notes
Edited by : AL CIRCLE
1 min read
Century Aluminum Company announced a proposed offering of $250 million aggregate principal amount of senior secured notes due 2021. Century also announced today that it has commenced a cash tender offer for any and all of its $249,603,550 outstanding principal amount of 8% Senior Secured Notes due 201. Century intends to use all net proceeds from the sale of the 2021 Notes to repay all of its 2014 Notes.
As the offering is a private placement, the 2021 Notes will be offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933 (the "Securities Act") and to certain non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act. The 2021 Notes to be offered have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
As the offering is a private placement, the 2021 Notes will be offered and sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933 (the "Securities Act") and to certain non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act. The 2021 Notes to be offered have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
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