Viasystems tender expires; $94.12 million in 10½% notes tendered

By Devika Patel

Knoxville, Tenn., Nov. 25 - Viasystems, Inc. said its offer to repurchase its 10½% senior subordinated notes due 2011 expired on Nov. 24 and holders of $94.12 million of the notes, or about 47%, have tendered their securities.

The tender offer for the $200 million of notes began Oct. 27 and the company decided to settle the notes tendered by the early tender date prior to the expiration of its tender offer.

All investors who tendered their notes prior to the early tender date of Nov. 9 received $1,005 per $1,000 in notes, which includes an early tender premium of $30 per $1,000 of notes plus any accrued interest up to, but not including, Nov. 24.

Investors who tendered their notes after the early tender date will receive $975 per $1,000 of notes, plus interest.

The dealer manager is Goldman, Sachs & Co. (800 828-3182), and the information agent is Global Bondholder Services Corp. (866 924-2200).

Viasystems is a St. Louis-based provider of complex multi-layer PCBs and electro-mechanical solutions.

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