Cox Communications Extends Exchange Offer for Its Floating Rate Notes Due 2007, 4.625% Notes Due 2010 and 5.450% Notes Due 2014.ATLANTA -- Cox Communications Cox Communications is a privately owned subsidiary of Cox Enterprises providing digital cable television and telecommunications services in the United States. It is the third-largest[2] cable television provider in the United States, serving more than 6. , Inc. today announced that the expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.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 registered exchange offer (the "Exchange Offer") for Cox's outstanding $500,000,000 Floating Rate Notes due 2007 (the "Floating Rate Notes"), $1,250,000,000 4.625% Notes due 2010 (the "5-year Notes") and $1,250,000,000 5.450% Notes due 2014 (the "10-year Notes" and collectively with the Floating Rate Notes and the 5-year Notes, the "Outstanding Notes") has been extended until 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 May 19, 2005, unless further extended. Through the Exchange Offer, Outstanding Notes can be exchanged for new notes with substantially identical terms, except that the new notes have been registered under the Securities Act of 1933, as amended. The Exchange Offer was scheduled to expire at 5:00 p.m., New York City time, today, and as of that time, as reported by The Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. Trust Company, N.A., as exchange agent for the Exchange Offer, Cox had received valid tenders or notices of guaranteed delivery of Outstanding Notes as follows:
Floating Rate Notes $ 497,105,000
5-year Notes $1,147,750,000
10-year Notes $1,250,000,000
Cox has elected to extend the Exchange Offer in order to allow additional time in which to determine whether the holders of the remaining Outstanding Notes also wish to accept the Exchange Offer. About Cox Communications (www.cox.com) Cox Communications Inc., a Fortune 500 company, is a multi-service broadband communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. with approximately 6.7 million total customers, including approximately 6.3 million basic cable subscribers. The nation's third-largest cable television provider, Cox offers analog cable television under the Cox Cable brand as well as digital video service under the Cox Digital Cable brand, featuring advanced services including digital video recording, high-definition television high-definition television (HDTV) Any system producing significantly greater picture resolution than that of the ordinary 525-line (625-line in Europe) television screen. Conventional television transmits signals in analog form. and video-on-demand. Cox provides an array of other communications services including local and long-distance telephone under the Cox Digital Telephone brand, high-speed Internet See broadband. service under the Cox High Speed Internet brand, and home networking. Commercial voice and data services are offered via Cox Business Services. Local cable advertising, promotional opportunities and production services are sold under the Cox Media brand. Cox is an investor in programming services including Discovery Communications Inc. Cox Communications is a wholly-owned subsidiary of Cox Enterprises Cox Enterprises is the successor to the publishing company founded in Dayton, Ohio, by James Middleton Cox, who began with the Dayton Daily News. The company is private, 98% controlled by the octogenarian daughter of Cox, Anne Cox Chambers, and the two children of her late Inc. |
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