Printer Friendly

DR PEPPER BOTTLING COMPANY OF TEXAS ANNOUNCES EXTENSION OF TENDER OFFER AND RESULTS OF CONSENT SOLICITATION

 DALLAS, Feb. 9 /PRNewswire/ -- Dr Pepper Bottling Company of Texas today announced that it is extending until 5:00 p.m., New York City time, today, its tender offer for up to all its outstanding senior subordinated discount notes due 1998 (the "discount notes").
 In addition, the company announced that as of midnight, New York City time, on Feb. 5, 1993, the expiration date for its solicitation of consents to amendments of the indenture governing its discount notes, the company's depositary had received consents in respect of approximately $151.7 million principal amount, or approximately 93.6 percent, of the outstanding discount notes.
 The tender offer and consent solicitation are part of a recapitalization plan being pursued by the company and its parent Dr Pepper Bottling Holdings, Inc., to reduce the aggregate amount of interest expense and preferred stock dividend requirements. The dealer manager for the tender offer and consent solicitation is Donaldson, Lufkin & Jenrette Securities Corporation.
 -0- 2/9/93
 /CONTACT: Stanley J. Kay of MacKenzie Partners, 212-929-5940, for Dr Pepper Bottling Company of Texas; or C. Marvin Montgomery or Holly Lovvorn of Dr Pepper Bottling Company of Texas, 214-579-1024/


CO: Dr Pepper Bottling Company of Texas ST: Texas IN: FOD SU:

GK-LR -- NY018 -- 4499 02/09/93 09:25 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 9, 1993
Words:212
Previous Article:DIGITAL'S PATHWORKS AND PC INTEGRATION BUSINESS POST CONTINUED HIGH GROWTH
Next Article:DNA PLANT TECHNOLOGY ANNOUNCES MARKET EXPANSIONS BY FRESHWORLD JOINT VENTURE
Topics:


Related Articles
DR PEPPER/SEVEN-UP COMPANIES ANNOUNCES EXTENSIONS OF TENDER OFFERS
DR PEPPER/SEVEN-UP COMPANIES ANNOUNCES EXTENSIONS OF TENDER OFFERS
DR PEPPER/SEVEN-UP COMPANIES ANNOUNCES AMENDMENT OF TENDER OFFERS
DR PEPPER/SEVEN-UP COMPANIES ANNOUNCES EXTENSIONS OF TENDER OFFERS
DR PEPPER/SEVEN-UP COMPANIES, ANNOUNCES EXTENSIONS OF TENDER OFFERS
DR PEPPER COMPANY ANNOUNCES EXTENSIONS OF TENDER OFFERS
DR PEPPER BOTTLING COMPANY OF TEXAS ANNOUNCES COMMENCEMENT OF TENDER OFFER AND SOLICITATION OF CONSENTS
DR PEPPER BOTTLING COMPANY OF TEXAS ANNOUNCES EXPIRATION OF TENDER OFFER
DR PEPPER/CADBURY NORTH AMERICA, INC. COMMENCES TENDER OFFER AND CONSENT SOLICITATION
DR PEPPER/CADBURY NORTH AMERICA, INC. ANNOUNCES COMPLETION OF TENDER OFFER AND CONSENT SOLICITATION FOR 11-1/2 PERCENT SENIOR SUBORDINATED DISCOUNT...

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters