HIGHLAND HEIGHTS, Ky.--(BUSINESS WIRE)--
General Cable Corporation(NYSE: BGC) (the “Company”) today
announced that it has completed its offer (the “Exchange Offer”) to
exchange up to $600,000,000 aggregate principal amount of its
outstanding 5.750% Senior Notes due 2022 which were issued in a private
placement transaction on September 25, 2012 (the “Old Notes”) for a like
principal amount of its 5.750% Senior Notes due 2022 which have been
registered under the Securities Act of 1933, as amended (the “Exchange
Notes”). The Exchange Offer expired at 5:00 p.m., New York City time, on
July 17, 2014. The Company was required to carry out the Exchange Offer
under the terms of a registration rights agreement entered into in
connection with the issuance of the Old Notes.
Based on information provided by the exchange agent, U.S. Bank National
Association, $600,000,000 in aggregate principal amount of the 5.750%
Senior Notes due 2022 were validly tendered and not withdrawn pursuant
to the Exchange Offer, which represents 100% of the aggregate principal
amount of the Old Notes outstanding. The Company has accepted for
exchange all of the validly tendered and not withdrawn Old Notes.
This press release is for informational purposes only and is not
intended to serve as a solicitation to buy securities or an offer to
sell securities. The Exchange Offer was made, and the Exchange Notes
were offered, solely pursuant to the prospectus dated June 17, 2014, as
supplemented, and the related letter of transmittal and only to such
persons and in such jurisdictions as permitted under applicable law.
General Cable (NYSE:BGC), a Fortune 500 Company, is a global leader in
the development, design, manufacture, marketing and distribution of
copper, aluminum and fiber optic wire and cable products for the energy,
industrial, construction, specialty and communications markets. For more
information about General Cable visit our website at www.generalcable.com.
General Cable Corporation
Len Texter, Vice President,
Investor Relations, 859-572-8684
Source: General Cable Corporation