Ad Hoc Committee of EOP Noteholders Maintains Opposition to Tender Offer and Consent Solicitation.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The following is a statement issued by the Ad Hoc Committee ad hoc committee A committee formed with the purpose of addressing a specific issue or issues, which theoretically is disbanded once its raison d'etre is finished of Unsecured Noteholders of Equity Office Properties Trust Equity Office Properties Trust, headquartered in Chicago, Illinois, is the largest owner of office buildings in the United States. It was formed in 1976 by Samuel Zell [1] and in February 2007, was acquired by the Blackstone Group for $23 billion plus the assumption of ("EOP EOP Educational Opportunity Program (California State University) EOP Executive Office of the President EOP Equity Office Properties Trust (ticker) EOP Emergency Operations Plan EOP Earth Orientation Parameters "). The Ad Hoc Committee was formed in opposition to the tender offer and consent solicitation announced on December 26, 2006 by EOP's subsidiary, EOP Operating Limited Partnership. The Ad Hoc Committee has learned that EOP has made modifications to the tender offer and consent solicitation with respect to the 7.25% Notes due 2028, 7.5% Notes due 2029 and 7.875% Notes due 2031. However, the terms of the tender offer and consent solicitation are such that holders of the 7.25% Notes due 2028, 7.5% Notes due 2029 and 7.875% Notes due 2031 will still not receive their full contractual entitlements. Accordingly, the Ad Hoc Committee remains actively opposed to the tender offer and consent solicitation. |
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