DPL Extends Exchange Offers.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--Feb. 4, 2002 DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. Inc. (NYSE NYSE See: New York Stock Exchange :DPL) today announced it is extending, until Tuesday, February 19, 2002, its offer to exchange its 6 7/8% Senior Notes due 2011 pursuant to an offering 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. , for a like principal amount of the Company's issued and outstanding 6 7/8% Senior Notes due 2011 offered in a private placement exempt from the registration requirements of the Securities Act. DPL also announced it will extend, until Tuesday, February 19, 2002, its offer to exchange the 8 1/8% Capital Securities of DPL Capital Trust II pursuant to an offering registered under the Securities Act of 1933, as amended, for a like principal amount of DPL Capital Trust II's issued and outstanding 8 1/8% Capital Securities offered in a private placement exempt from the registration requirements of the Securities Act. The terms and conditions of the exchange offer for the Senior Notes and the exchange offer for the Capital Securities are as set forth in the Company's prospectuses, each dated December 14, 2001, and the related Letters of Transmittal. Bank One Trust Company, National Association, is the exchange agent for both offers. The extensions will 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. at 5:00 p.m. on Monday, February 18, 2002. This notice does not constitute an offer to exchange DPL's 6 7/8% Senior Notes due 2011 (registered) for DPL's 6 7/8% Senior Notes due 2011 (unregistered), or DPL Capital Trust II's 8 1/8% Capital Securities (registered) for DPL Capital Trust II's 8 1/8% Capital Securities (unregistered), or the 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 an offer to exchange. Any such offerings will be made only by means of a prospectus. A prospectus for either offering meeting the requirements of Section 10 of the Securities Act of 1933 may be obtained from the Company. DPL Inc. is a diversified diversified (di·verˑ·s regional energy company. DPL's principal subsidiaries include The Dayton Power & Light Company ("DP&L") and DPL Energy. DP&L provides electric services to over 500,000 retail customers in West Central Ohio. DPL Energy operates over 4,000 megawatts of generation capacity and markets wholesale energy throughout the eastern half of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Further information on DPL Inc. can be found at www.dplinc.com. |
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