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National Financial announces cash tender for 0.75% convertible notes
By Devika Patel
Knoxville, Tenn., June 9 - National Financial Partners Corp. said it has begun a cash tender offer for all $230 million of its 0.75% convertible senior notes due 2012.
The offer expires at midnight ET on July 7.
The company will pay $955 per $1,000 in notes, plus interest to, but excluding, the payment date, which is expected to be July 8.
Bank of America Merrill Lynch (888 292-0070) and Goldman Sachs & Co. (800 828-3182) are the dealer managers for the tender offer. D.F. King & Co., Inc. (212 269-5550 or 800 769-4414) is the tender agent and information agent.
National Financial is a New York-based financial products and services company.
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