L-3 Communications Corporation Offer Extension.NEW YORK--(BUSINESS WIRE)--Oct. 31, 1997--L-3 Communications Corporation hereby announces that it will extend to 5:00 p.m. on November 5, 1997, the expiration of its offer to exchange $225,000,000 of its 10 3/8% Series B Senior Subordinated Notes due 2007 for $225,000,000 of its outstanding 10 3/8% Senior Subordinated Notes due 2007 which were issued on April 30, 1997 in a private placement under Rule 144A Rule 144A A Securities & Exchange Commission rule modifying a two-year holding period requirement on privately placed securities to permit qualified institutional buyers to trade these positions among themselves. of the Securities Act. As of October 30, 1997, $176,000,000, or approximately 78%, of the $225,000,000 outstanding of the Notes had been tendered for exchange. L-3 Communications
L-3 Communications Holdings, Inc. (NYSE: LLL) is a company that supplies command, control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and , headquartered in 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. , is an independent merchant supplier of high-technology secure communication systems; avionics, telemetry telemetry Highly automated communications process by which data are collected from instruments located at remote or inaccessible points and transmitted to receiving equipment for measurement, monitoring, display, and recording. , instrumentation, microwave and wireless products; and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to aerospace prime contractors and other commercial customers worldwide, as well as to the U.S. military and federal agencies. CONTACT: L-3 Communications 212/697-1111 |
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