IKON Office Solutions launches cash tender offer for 6¾%, 7.3% notes

By Marisa Wong

Madison, Wis., Nov. 1 - IKON Office Solutions, Inc. said it started a cash tender offer to purchase any and all of its $263,742,000 outstanding 6¾% bonds due Dec. 1, 2025 and its $95 million outstanding 7.3% notes due Nov. 1, 2027.

The offer will expire at midnight ET on Nov. 30.

The notes will be purchased at par plus accrued interest up to but excluding the settlement date, which will be shortly after the expiration date.

Tendered notes may be withdrawn at any time before the expiration date.

Nomura Securities International, Inc. (800 638-2268) is the dealer manager for the offer, and D.F. King & Co., Inc. (212 269-5550 or 800 487-4870) is the depositary and information agent.

IKON is a Malvern, Pa.-based document management systems and services provider.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.