Claymont Steel Announces Expiration of Tender Offer
08/15/2008 - Claymont Steel announces expiration of its cash tender offer for its 8.875% Senior Notes due 2015.
Claymont Steel, Inc. announced the expiration of its cash tender offer for any and all of its 8.875% Senior Notes due 2015. The tender offer expired on August 13, 2008.
The company has received tenders for $105 million in aggregate principal amount of the Notes, representing 100% of the aggregate principal amount of the Notes.
The company has accepted for payment all Notes validly tendered. The settlement date is expected to be
August 14, 2008.
RBS Greenwich Capital acted as dealer manager for the tender offer. The information agent and depositary for the tender offer was D.F. King & Co., Inc.
