BGC » Topics » General Cable Corporation Completes Tender Offer for Its 9.5% Senior Notes Due 2010

This excerpt taken from the BGC 8-K filed Apr 3, 2007.

General Cable Corporation Completes Tender Offer for Its
9.5% Senior Notes Due 2010

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.  

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