County of Orange, California extends tender deadline of Invitation for Tenders for its Taxable Pension Obligation Bonds, Series 1994A until December 13, 1996.SANTA ANNA--(BUSINESS WIRE)--Dec. 6, 1996--The County of Orange, Calif. today, Dec. 6, 1996, announced that it is extending the tender period until 5:00 p.m., 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 time on Friday, Dec. 13, 1996 in connection with its Invitation for Tenders to Bondholders to sell for cash the County's Taxable Pension Obligation Bonds, Series 1994A due Sept. 1, 1997 through Sept. 1, 2004. On Nov. 20, 1996, the County invited the holders of approximately $191.2 million aggregate principal amount of its Taxable Pension Obligation Bonds, Series 1994A to sell their bonds to the County for cash. The tender period was originally set to expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. on Monday, Dec. 9, 1996. The tender period expires at 5:00 p.m. New York time on Friday, Dec. 13, 1996. Holders who wish to tender their bonds should follow the instructions contained in the Invitation for Tenders and related Letter of Transmittal Letter of Transmittal A document used by security holder to accompany certificates surrendered in an exchange or other corporate action. . The tender offer remains subject to a number of conditions and there can be no assurance that the tender offer will be consummated con·sum·mate tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates 1. a. To bring to completion or fruition; conclude: consummate a business transaction. b. . This press release shall not constitute a 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 tenders of bonds, which may only be made pursuant to the terms of the Invitation for Tenders. Requests for assistance or copies of the Invitation for Tenders may be addressed to the County's information agent, MacKenzie Partners, at 212/322-2885. CONTACT: MacKenzie Partners, Inc. Simon Coope, 212/929-5500 |
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