Kendle International Announces Expiration of Tender Offer and Consent Solicitation for Convertible Notes

Kendle International Inc. KNDL announced today the expiration, as of 8:00 a.m., New York City time, on July 11, 2011 of its previously announced cash tender offer and consent solicitation for any and all of its $142.5 million aggregate principal amount of outstanding 3.375% Convertible Senior Notes due 2012. Kendle has accepted for payment all Notes validly tendered and not validly withdrawn in the Offer. Pursuant to the terms of the Offer to Purchase and Consent Solicitation Statement dated June 6, 2011, as amended and supplemented, and the related Letter of Transmittal and Consent, as amended and supplemented, Kendle has accepted for purchase and paid for $140,420,000 of the outstanding $142,500,000 principal amount of the Notes.