EYE » Topics » How much is the Company offering to pay and what is the form of payment?

These excerpts taken from the EYE 8-K filed Feb 27, 2009.

How much is the Company offering to pay and what is the form of payment?

Pursuant to the terms of the Indenture and the Notes, the Company will pay on Monday, March 30, 2009, unless the Expiration Time is extended (the “Fundamental Change Repurchase Date”), an aggregate repurchase price (the “Repurchase Price”) in cash equal to 100% of the principal amount of the Notes being repurchased, plus accrued and unpaid interest to, but excluding, the Fundamental Change Repurchase Date. The amount of interest accrued and unpaid per $1,000 principal amount of Notes to, but excluding, the Fundamental Change Repurchase Date is expected to be approximately $5.33, subject to increase if the Expiration Time is extended. Accordingly, you will receive at minimum approximately $1,005.33 per $1,000 principal amount of Notes validly tendered pursuant to the Offer. (Page 6)

How much is the Company offering to pay and what is the form of payment?

Pursuant to the terms of the Indenture and the Notes, the Company will pay on Monday, March 30, 2009, unless the Expiration Time is extended (the “Fundamental Change Repurchase Date”), an aggregate repurchase price (the “Repurchase Price”) in cash equal to 100% of the principal amount of the Notes being repurchased, plus accrued and unpaid interest to, but excluding, the Fundamental Change Repurchase Date. The amount of interest accrued and unpaid per $1,000 principal amount of Notes to, but excluding, the Fundamental Change Repurchase Date is expected to be approximately $3.40, subject to increase if the Expiration Time is extended. Accordingly, you will receive at minimum approximately $1,003.40 per $1,000 principal amount of Notes validly tendered pursuant to the Offer. (Page 6)

How much is the Company offering to pay and what is the form of payment?

Pursuant to the terms of the Indenture and the Notes, the Company will pay on Monday, March 30, 2009, unless the Expiration Time is extended (the “Fundamental Change Repurchase Date”), an aggregate repurchase price (the “Repurchase Price”) in cash equal to 100% of the principal amount of the Notes being repurchased, plus accrued and unpaid interest to, but excluding, the Fundamental Change Repurchase Date. The amount of interest accrued and unpaid per $1,000 principal amount of Notes to, but excluding, the Fundamental Change Repurchase Date is expected to be approximately $5.21, subject to increase if the Expiration Time is extended. Accordingly, you will receive at minimum approximately $1,005.21 per $1,000 principal amount of Notes validly tendered pursuant to the Offer. (Page 6)

EXCERPTS ON THIS PAGE:

8-K (3 sections)
Feb 27, 2009
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