ACL Announces Cash Tender Offer and Consent Solicitation

Wednesday, January 17, 2007
American Commercial Lines Inc. announced that its wholly-owned subsidiary, American Commercial Lines has commenced a cash tender offer and consent solicitation for any and all of its outstanding 9½% Senior Notes due 2015 (CUSIP Nos. 02519QAB8, 02519QAA0) There are currently approximately $119.5m in aggregate principal amount of the Notes outstanding. The tender offer is being made upon the terms, and subject to the conditions, set forth in the Offer to Purchase and Consent Solicitation Statement dated January 17, 2007 and related Consent and Letter of Transmittal, which more fully set forth the terms of the tender offer and consent solicitation. The consent solicitation is scheduled to expire at 5:00 p.m., New York City time, on January 30, 2007unless extended. The tender offer is scheduled to expire at 5:00 p.m., New York City time, on February 14, 2007, unless extended. Holders may only withdraw their tenders before the withdrawal deadline, which is expected to occur promptly following the Consent Expiration Date, except as may be required by law or as may be extended under the Offer to Purchase.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Corvus Energy, GMC Close Financing Agreement

Corvus Energy today announced that it has completed a strategic investment by Green Marine Capital (GMC) previously announced on May 5, 2014. Green Marine Capital,

Cummins Reports Revenue Jump in Q2 2014

Cummins Inc. reported its results for the second quarter of 2014. According to the report, second quarter revenue of $4.8 billion increased 7 percent from the same quarter in 2013.

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1034 sec (10 req/sec)