Gibraltar Industries, Inc. ROCK, a leading manufacturer and
distributor of products for building and industrial markets, today announced
that, in connection with the previously announced cash tender offer and
consent solicitation by the Company to purchase for cash any and all of its 8%
Senior Notes due 2015 (the “Existing Notes”), the early tender period in
respect of the tender offer expired at 5:00 p.m., New York City time, on
January 30, 2013, (the “Consent Payment Deadline”). As of the Consent Payment
Deadline, $143.1 million principal amount of Existing Notes, or 70.15% of the
principal amount outstanding, had been validly tendered and not withdrawn.
Those holders who validly tendered their Existing Notes prior to the Consent
Payment Deadline received the total consideration of $1,017.08 per $1,000
principal amount of the Existing Notes, which included a consent payment of
$10.00 per $1,000 principal amount of the Existing Notes, plus any accrued and
unpaid interest on the Existing Notes up to, but not including, the payment
date. The withdrawal rights for the early tender of Existing Notes and
corresponding consents in the tender offer have now expired.
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