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American Greetings further extends change-of-control note tender
New York, April 3 – American Greetings Corp. again extended its change-of-control tender offer for its $400 million of 7 7/8% senior notes due 2025, according to a news release.
The deadline is now 5 p.m. ET on April 3, extended from midnight ET on April 3.
The offer was previously extended from midnight ET on each of March 30, March 29, March 28 and March 27.
As of the old deadline, holders had tendered $377,411,000 of notes, up from $377,405,000 on March 30, $376,468,000 on March 29, $368,247,000 on March 28 and $360,497,000 on March 27.
American Greetings began the offer on Feb. 27.
The company previously announced and then, on March 21, terminated a tender offer and consent solicitation for the notes.
D.F. King & Co., Inc. (212 269-5550, 800 676-7437 or agc@dfking.com) is the information and tender agent for the change-of control offer.
American Greetings is a Cleveland-based greeting card company.
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