Centennial Cellular Corp. Extends Expiration Date in Its Tender Offers for Its 8-7/8% Senior Notes Due 2001 and Its 10-1/8% Senior Notes Due 2005.NEW CANAAN New Canaan (kā`nən), town (1990 pop. 17,864), Fairfield co., SW Conn.; settled c.1700, inc. 1801. It is mainly a residential town and suburb of nearby New York City. Silvermine Guild Arts Center is located there. , Conn.--(BUSINESS WIRE)--Nov. 13, 1998--Centennial Cellular Corp. (the "Company") (Nasdaq: CYCL), a leading independent cellular provider, announced today that, in connection with its tender offers and consent solicitations for its outstanding 8-7/8% Senior Notes due 2001 and 10-1/8% Senior Notes due 2005, it has extended the tender offer expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. . The terms of the tender offers remain the same. The Company is extending the tender offer expiration date to 5:00 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 December 7, 1998. The original tender offer expiration date was 5:00 p.m. New York City time on October 14, 1998, which was subsequently extended to November 13, 1998. As of the close of business on November 9, 1998, approximately $248.5 million in aggregate principal amount of the 8-7/8% Senior Notes and approximately $99.8 million of the 10-1/8% Senior Notes had been tendered and consents had been delivered, representing approximately 99.4% and 99.8%, respectively, of the $250.0 million aggregate principal amount 8-7/8% Senior Notes and of the $100.0 million aggregate principal amount 10-1/8% Senior Notes outstanding. Information regarding the pricing, tender and delivery procedures and conditions of the tender offers and consent solicitations are contained in the Offer to Purchase and Consent Solicitation dated September 8, 1998 and related documents. Documents can be obtained by contacting Beacon Hill Bea·con Hill An area of Boston, Massachusetts, noted for its historic residences, brick sidewalks, and picturesque mews. Noun 1. Beacon Hill - a fashionable section of Boston; site of the Massachusetts capital building Partners, Inc. at 800-755-5001 or 212-843-8500. The tender offers and consent solicitations are being managed by Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co. Any questions relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the tender offers and consent solicitations may be directed to Merrill Lynch at 888-ML4-TNDR or 212-449-4914. This news release is neither an offer to purchase nor a solicitation of an offer to sell securities. The offers and consent solicitations are made only by the Offer to Purchase and Consent Solicitation dated September 8, 1998. |
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