Printer Friendly

ADT LIMITED ANNOUNCES REGISTRATION STATEMENTS FILED REGARDING SENIOR NOTES AND SENIOR SUBORDINATED NOTES

 BOCA RATON, Fla., June 4 /PRNewswire/ -- ADT Limited (NYSE: ADT), a leading electronic security services and vehicle auction services company announced today that, as part of the refinancing plan, announced on June 1, 1993, ADT Operations, Inc., a subsidiary of ADT, has filed a registration statement with the Securities and Exchange Commission (SEC) relating to a public offering by ADT Operations, Inc., of $250 million of senior notes due 2000, guaranteed on a senior basis by ADT Limited and certain subsidiaries, and $350 million of senior subordinated notes due 2003, guaranteed on a senior subordinated basis by ADT Limited. The debt offerings will be managed by Merrill Lynch & Co. and the First Boston Corporation.
 On June 1, 1993, ADT announced a refinancing plan and that it had filed a registration statement with the SEC relating to a public offering by ADT Limited of 18 million common shares, that ADT had received bank commitments from the Bank of Nova Scotia and Chemical Bank for a new $500 million credit facility and that it intended to file the registration statements relating to the senior notes and senior subordinated notes.
 Registration statements relating to the senior notes, senior subordinated notes and the common shares to be offered have been filed with the Securities and Exchange Commission but have not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the respective registration statements become effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or country in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or country.
 -0- 6/4/93
 /CONTACT: ADT, 407-997-8406, or Johnnie D. Johnson & Co., Inc., 212-425-4848, for ADT/
 (ADT)


CO: ADT Limited; ADT Operations, Inc. ST: Florida IN: SU:

PS -- NY008 -- 5313 06/04/93 08:44 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 4, 1993
Words:335
Previous Article:VAN SCOYOC ASSOCIATES ANNOUNCES APPOINTMENTS OF NEW VICE PRESIDENTS AND AFFILIATION WITH PRYOR AND ASSOCIATES
Next Article:CB BANCSHARES MAKES TENTATIVE OFFER FOR INTERNATIONAL HOLDING CAPITAL CORP.
Topics:


Related Articles
KAISER ALUMINUM & CHEMICAL FILES REGISTRATION STATEMENT FOR OFFERING OF $400 MILLION OF SENIOR SUBORDINATED NOTES
PILGRIM'S PRIDE FILES REGISTRATION STATEMENT
AMERICAN STANDARD FILES FOR OFFERING
ADT TO LENGTHEN DEBT MATURITIES
ADT PRICES EQUITY AND DEBT OFFERINGS
ADT SUCCESSFULLY COMPLETES $1.25 BILLION REFINANCING PLAN
ADT FILES REGISTRATION STATEMENT REGARDING LIQUID YIELD OPTION NOTES ('LYONS')
ADT Rejects Western Resources' Revised Proposed Hostile Offer
CellStar Takes Next Step Toward Completion of Convertible Note Exchange; Amends Exchange Offer Registration Statement.
Casella Waste Systems, Inc. Prices Note Offering.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters