Alliance Imaging, Inc. Announces Successful Tender Offers for 9-5/8% Senior Subordinated Notes Due 2005 and Floating Interest Rate Subordinated Term Securities Due 2005.ANAHEIM, Calif.--(BUSINESS WIRE)--Nov. 3, 1999-- Alliance Imaging, Inc. today announced that it has successfully completed its Offer to Purchase and Solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of Consents related to all of its outstanding 9-5/8% Senior Subordinated Notes due 2005 (the "Fixed Rate Notes") and Floating Interest Rate Subordinated Term Securities due 2005 (the "Floating Rate Notes" and, together with the Fixed Rate Notes, the "Notes"). As of 12:00 p.m., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on Nov. 2, 1999 (the "Expiration Time Expiration time The time of day by which all exercise notices must be received on the expiration date. Technically, the expiration time is currently 11:59AM on the expiration date, but public holders of option contracts must indicate their desire to exercise no later than 5:30PM on "), its previously announced tender offers (the "Tender Offers") to purchase the Notes expired ex·pire v. ex·pired, ex·pir·ing, ex·pires v.intr. 1. To come to an end; terminate: My membership in the club has expired. 2. and all Notes tendered were accepted for purchase. As of the Expiration Time, $140,000,000 principal amount, constituting all of the outstanding Fixed Rate Notes, had been validly tendered and not withdrawn and $45,000,000 principal amount, constituting all of the outstanding Floating Rate Notes, had been validly tendered and not withdrawn. The consideration offered in connection with the tender offer for the Fixed Rate Notes, which was determined in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with the pricing formula detailed in the offer documents, is $1,102 per $1,000 principal amount of the Fixed Rate Notes. Such amount includes a consent fee of $30 per $1,000 principal amount of Fixed Rate Notes, payable only to holders of Fixed Rate Notes who tendered by the Oct. 15, 1999 consent date in connection with the related consent solicitation Consent Solicitation A solicitation by one party to the stakeholders of a particular security for the consent of a material change. Notes: Should the majority of stakeholders provide valid consent prior to the consent expiry date, the issuer may then follow through with . The consideration offered for the Floating Rate Notes, which was detailed in the offer documents, is a fixed price of $1,035 per $1,000 principal amount of Floating Rate Notes. Such amount includes a consent fee of $10 per $1,000 principal amount of Floating Rate Notes, payable only to holders of Floating Rate Notes who tendered by the Oct. 15, 1999 consent date in connection with the related consent solicitation. Salomon Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , the Dealer Manager for the tender offers, can be reached at 800/558-3745. MacKenzie Partners, Inc., the Information Agent for the tender offers, can be reached at 800/322-2885. Alliance is a leading provider of comprehensive diagnostic imaging and therapeutic services to hospitals and other health care providers. Services are provided on either a mobile, shared-user or on a full-time, single-user basis. For more information about Alliance via facsimile, call 800/PRO-INFO and dial client code "SCAN". |
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