Accuride Corporation Announces Commencement of Tender Offer and Consent Solicitation for Cash for Any and All of Its 9.5% First Priority Senior Secured Notes Due 2018
EVANSVILLE, Ind.--(BUSINESS WIRE)--Accuride Corporation (“Accuride” or the “Company”) (NYSE: ACW) – a leading supplier of components to the North American and European commercial vehicle industries – today announced that it has commenced a cash tender offer (the “Tender Offer”) for any and all its outstanding $310.0 million aggregate principal amount of 9.5% First Priority Senior Secured Notes due 2018 (the “Notes”). In connection with the Tender Offer, Accuride is also soliciting consents (the “Consents”) from the holders of the Notes to amend the indenture under which the Notes were issued (the “Consent Solicitation”). Full details of the terms and conditions of the Tender Offer and Consent Solicitation are set forth in Accuride’s Offer to Purchase and Consent Solicitation Statement (the “Offer to Purchase”), dated October 19, 2016.