Koppers receives consents to amend 9 7/8% notes

New York, Dec. 2 - Koppers Inc. said it received the necessary consents to amend its 9 7/8% senior secured notes due 2013.

The solicitation expired at 5 p.m. ET on Dec. 1.

As announced on Nov. 16, the solicitation wais subject to holders of a majority of the notes agreeing.

Under the amendments, if there is an initial public offering of the parent company of Koppers, the company will pay a consent fee of $2.50 per $1,000 principal amount.

No further details were announced.

The solicitation agent is Credit Suisse First Boston LLC (800 820-1653 or call collect 212 538-0652). D.F. King & Co., Inc. is information agent and tabulation agent (800 848-2998 or call collect 212 269-5550).

© 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.