The Yankee Candle Company, Inc. Extends the Exchange Offer for Its 8 1/2% Senior Notes due 2015.SOUTH DEERFIELD, Mass. -- The Yankee Candle Company The Yankee Candle Company is the largest U.S. manufacturer of scented candles.[1] The company is located in South Deerfield, Massachusetts. History Yankee Candle Company was started in South Hadley, Massachusetts when Michael Kittredge created his first , Inc. ("Yankee Candle") announced today that it has extended its exchange offer of its 81/2 % Senior Notes due 2015, Series B, which have been 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 all outstanding 81/2 % Senior Notes due 2015 that were issued and sold by Yankee Candle in February 2007, in a private placement offering (the "outstanding notes"). The exchange offer for the 81/2 % Senior Notes due 2015, previously scheduled to expire on May 21, 2007 at 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city in the U.S. time (the "original expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist.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. "), will now expire on Friday, May 25, 2007 at 5:00 p.m., New York City Time, unless further extended by Yankee Candle. The exchange offer for the 93/4 % Senior Subordinated Notes due 2017 that were issued and sold by Yankee Candle in February 2007 in a private placement offering under CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. 984756AC0 and CUSIP number U98441AB1 expired as of the original expiration date. Approximately $324,150,000 in aggregate principal amount of the outstanding 81/2 % Senior Notes issued pursuant to Regulation 144A under CUSIP number 984756AA4 were tendered in the exchange offer as of the original expiration date, with an additional $25,275,000 of Regulation 144A Senior Notes tendered pursuant to the guaranteed delivery procedures. Approximately $600,000 in aggregate principal amount of the outstanding 81/2 % Senior Notes issued pursuant to Regulation S under CUSIP number U98441AA3 were tendered in the exchange offer as of the original expiration date. The extension of the 81/2 % Senior Notes exchange offer is intended to allow additional time for holders of the remaining outstanding notes to tender their outstanding notes in the exchange offer. Copies of the exchange offer prospectus and letter of transmittal Letter of Transmittal A document used by security holder to accompany certificates surrendered in an exchange or other corporate action. may be obtained from the Exchange Agent, HSBC HSBC Hongkong and Shanghai Banking Corporation HSBC Humane Society of Broward County (Florida) HSBC Humane Society of Bay County (Bay County, Michigan) Bank, USA, National Association, at (800) 662-9844. This announcement is not an offer to sell any securities or 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 any offer to buy any securities. The exchange offer will be made only by means of a written prospectus. The Yankee Candle Company, Inc. is the leading designer, manufacturer, wholesaler and retailer of premium scented candles, based on sales, in the giftware industry. Yankee Candle has a 37-year history of offering distinctive products and marketing them as affordable luxuries and consumable A material that is used up and needs continuous replenishment, such as paper and toner. "The low-tech end of the high-tech field!" gifts. The Company sells its products through a North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. wholesale customer network of approximately 16,300 store locations, a growing base of Company owned and operated retail stores (426 located in 42 states as of March 31, 2007), direct mail catalogs, its Internet websites (www.yankeecandle.com, www.illuminations.com and www.aromanaturals.com), international distributors and to a European wholesale customer network of approximately 2,600 store locations (through its distribution center located in Bristol, England). This new release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . The words "will," "expect" and "intention" are intended to identify forward-looking statements. Such items are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in such statements. Successful completion and timing of the exchange offer are dependent on factors, including (without limitation) investor acceptance of the exchange offer, risks and uncertainties related to the capital markets generally, effectiveness of any required registration statements legally required to effect the exchange offer and other similar requirements applicable to exchange offers generally. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made. Yankee Candle undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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