HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--General Cable Corporation (NYSE: BGC) (the “Company”) today announced that it has completed its offer (the “Exchange Offer”) to exchange up to $600,000,000 aggregate principal amount of its outstanding 5.750% Senior Notes due 2022 which were issued in a private placement transaction on September 25, 2012 (the “Old Notes”) for a like principal amount of its 5.750% Senior Notes due 2022 which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”). The Exchange Offer expired at 5:00 p.m., New York City time, on July 17, 2014. The Company was required to carry out the Exchange Offer under the terms of a registration rights agreement entered into in connection with the issuance of the Old Notes.
Based on information provided by the exchange agent, U.S. Bank National Association, $600,000,000 in aggregate principal amount of the 5.750% Senior Notes due 2022 were validly tendered and not withdrawn pursuant to the Exchange Offer, which represents 100% of the aggregate principal amount of the Old Notes outstanding. The Company has accepted for exchange all of the validly tendered and not withdrawn Old Notes.
This press release is for informational purposes only and is not intended to serve as a solicitation to buy securities or an offer to sell securities. The Exchange Offer was made, and the Exchange Notes were offered, solely pursuant to the prospectus dated June 17, 2014, as supplemented, and the related letter of transmittal and only to such persons and in such jurisdictions as permitted under applicable law.
General Cable (NYSE:BGC), a Fortune 500 Company, is a global leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, industrial, construction, specialty and communications markets. For more information about General Cable visit our website at www.generalcable.com.
