Condor Systems Inc. Extends Exchange Offer Expiration Date.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 16, 2000 Condor Systems, Inc. today announced that it has extended the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.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. of its offer to exchange (the "Exchange Offer") its 11 7/8% Series B Senior Subordinated Notes due 2009, registered under the Securities Act of 1933, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. (the "Exchange Notes"), for its outstanding, unregistered 11 7/8% Series A Senior Subordinated Notes due 2009 (the "Original Notes"), until 5 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 November 27, 2000, unless extended. The Exchange Offer was previously set to expire at 5 p.m., New York City time, today. Except for the absence of transfer restrictions under the federal securities laws applicable to the Original Notes, the Exchange Notes are identical to the Original Notes. Except for the extension of the expiration date, all other terms and provisions of the Exchange Offer remain as set forth in the Exchange Offer prospectus previously furnished fur·nish tr.v. fur·nished, fur·nish·ing, fur·nish·es 1. To equip with what is needed, especially to provide furniture for. 2. to the registered holders of the Original Notes. As of November 16, 2000, holders of approximately $99,947,000 principal amount, or 99.947%, of Original Notes have tendered Original Notes pursuant to the Exchange Offer. State Street Bank and Trust Company The State Street Bank and Trust Company is a bank. It was a subsidiary of the State Street Corporation, until it sold off the retail banking portion of this unit in 1999 to Citizens Financial Group (a subsidiary of the Royal Bank of Scotland), of Providence, RI. is serving as the Exchange Agent in connection with the Exchange Offer. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion