This excerpt taken from the BGC 8-K filed Apr 3, 2007.
General Cable Corporation Completes Tender Offer for Its
HIGHLAND HEIGHTS, KENTUCKY General Cable Corporation (the Company), (NYSE:BGC), announced today the completion of its cash tender offer (the Offer) for its 9.5% Senior Notes due 2010 (the Notes).
The Offer expired at 12:00 midnight, New York City time, on Monday, April 2, 2007 (the Expiration Time), with approximately $280.1 million in aggregate principal amount of the Notes tendered and accepted for purchase, representing approximately 98% of the outstanding Notes. An aggregate principal amount of approximately $4.9 million of Notes remain outstanding.
The approximately $280.0 million in aggregate principal amount of the Notes which were validly tendered as of 5:00 p.m., New York City time, on March 15, 2007 (the Consent Expiration) were redeemed as of March 21, 2007. After the Consent Expiration, an additional $0.1 million in aggregate principal amount of the Notes was validly tendered as of the Expiration Time, which will be redeemed on or about April 5, 2007.
Goldman, Sachs & Co. served as the sole dealer manager for the Offer.