DJO Global subsidiary begins tender offer for 10 7/8% notes due 2014

By Angela McDaniels

Tacoma, Wash., Sept. 11 - DJO Global Inc. subsidiary DJO Finance LLC began a tender offer for its $465 million of 10 7/8% senior notes due 2014, according to a company news release.

DJO Finance is offering $1,038.75 per $1,000 principal amount of notes. This price includes a $30.00 early tender premium for each note tendered by 5 p.m. ET on Sept. 24, the early tender deadline.

Holders will also receive accrued interest up to but excluding the settlement date.

The company may elect to accept for purchase prior to the expiration of the tender offer all notes tendered by the early tender deadline. If it does so, the settlement date for these notes is expected to be Oct. 1.

The tender offer will expire at midnight ET on Oct. 9.

The tender offer is not conditioned on any minimum amount of notes being tendered.

The dealer manager is Credit Suisse Securities (USA) LLC (212 538-2147 or 800 820-1653). The information agent and depositary is Global Bondholder Services Corp. (866 470-3800).

DJO Global makes medical devices for musculoskeletal health, vascular health and pain management purposes. The company is based in San Diego.

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