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Garda World extends tender offer for 8¾% notes due 2025 by one week
By Marisa Wong
Los Angeles, Oct. 15 – Garda World Security Corp. said it has extended the expiration time for its previously announced cash tender offer for any and all of its outstanding dollar-denominated 8¾% senior notes due 2025.
The change-of-control offer will now expire at 5 p.m. ET on Oct. 18, extended from 5 p.m. ET on Oct. 11.
Previously, the deadline had been extended from midnight ET at the end of the day on Oct. 10.
As of Oct. 15, $166,845,000, or 26.7%, of the outstanding notes have been tendered under the offer, according to a press release.
The offer consideration is $1,010 per $1,000 face value of the notes, plus accrued interest to the payment date, as previously reported.
The offer is being conducted in connection with the purchase of the company by a consortium of investors.
The information agent is D.F. King & Co. Inc. (866 387-7321, 212 269-5550 or garda@dfking.com).
Garda World is a Montreal-based provider of business solutions and security services.
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