Louisiana-Pacific Corporation (“LP”) LPX announced today the
commencement of an exchange offer pursuant to which it is offering to exchange
up to $350,000,000 in aggregate principal amount of its 7.500% Senior Notes
due 2020 (the “New Notes”), which have been registered under the Securities
Act of 1933 (the “Act”), for an equal aggregate principal amount of its
unregistered outstanding 7.500% Senior Notes due 2020 (the “Old Notes”). The
Old Notes were issued on May 21, 2012 in a transaction exempt from
registration under the Act. The terms of the New Notes will be substantially
identical to the terms of the Old Notes, except that the New Notes will be
registered under the Act and will not be subject to restrictions on transfer
or provisions relating to special interest applicable to the Old Notes. The
New Notes will bear a different CUSIP or ISIN number from the Old Notes and
will not entitle their holders to registration rights.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in