Cox initiates tender offer.(Cox Communications Inc. initiated a cash tender offer for its subordinated discount debentures)(Brief Article)

Multichannel News, September, 2003

ATLANTA -- Cox Communications Inc. initiated a cash tender offer for its subordinated discount debentures due in 2020.

According to a document filed with the Securities and Exchange Commission on Aug. 27, Cox is offering $510 in cash for each $1,000 principal amount at maturity of the debt tendered before 5 p.m. on Sept. 9. The price drops to $495 per $1,000 principal amount at maturity for each debenture tendered after Sept. 9, but before Sept. 23.

Merrill Lynch & Co. and Citigroup Global Markets Inc. are acting as dealer managers and Global Bondholder Services Corp. is acting as information agent in connection with the tender offer.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here