Accuride Corporation Announces Expiration and Results of Cash Tender Offer for 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 the expiration and results of its previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding $310.0 million aggregate principal amount of 9.5% First Priority Senior Secured Notes due 2018 (the “Notes”). The Tender Offer expired at 12:00 Midnight, New York City time, at the end of the day on November 16, 2016 (the “Expiration Time”). At the Expiration Time, valid tenders had been received with respect to $235,014,000 in aggregate principal amount of the Notes, which represents approximately 75.81% of the outstanding aggregate principal amount of the Notes (CUSIP No. 00439TAE7), as reported by Global Bondholder Services Corporation.