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Published on 3/27/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

American Greetings extends change-of-control tender for 7 7/8% notes

New York, March 27 – American Greetings Corp. extended its change-of-control tender offer for its $400 million of 7 7/8% senior notes due 2025 by a day, according to a news release.

The offer will now end at midnight ET on March 28, pushed back from midnight ET on March 27.

As of the previous expiration, the company had received tenders for $360,497,000 of the notes.

American Greetings began the offer on Feb. 27.

It 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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