Navigation Links
American Pacific Corporation Commences Debt Refinancing
Date:8/9/2012

LAS VEGAS, Aug. 9, 2012 /PRNewswire/ -- American Pacific Corporation ("AMPAC") (NASDAQ: APFC) announced today that its board of directors has authorized management to proceed immediately to redeem $40 million of its outstanding senior notes at a call premium of 102.25.  AMPAC expects to complete this redemption during September 2012. 

Additionally, AMPAC announced that it has engaged KeyBanc Capital Markets to assist in arranging new senior secured debt facilities. The net proceeds of such anticipated new debt would be used to, among other things, redeem the remaining balance of the AMPAC's senior notes. AMPAC expects to complete this final phase of its refinancing efforts during its fiscal 2013 first quarter, which ends on December 31, 2012.

RISK FACTORS/FORWARD-LOOKING STATEMENTS

Statements contained in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include statements regarding AMPAC's expectations, beliefs or intentions regarding the future and other statements of management's opinion. Forward-looking statements in this press release include without limitation statements concerning or relating to AMPAC's expected refinancing activities and the timing of any such activities. Words such as "anticipate", "expect", "can", "will" and similar expressions are intended to identify forward-looking statements.  Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause AMPAC's actual results, market performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements.  The inclusion of forward-looking statements should not be regarded as a representation by AMPAC that any of its expectations will be achieved.  Factors that could cause actual results to differ materially from such forward-looking statements include risks and uncertainties detailed in AMPAC's periodic and other filings with the Securities and Exchange Commission, including in Management's Discussion and Analysis of Financial Condition and Results of Operations and in Risk Factors in AMPAC's annual report on Form 10-K for the fiscal year ended September 30, 2011 and quarterly reports on Form 10-Q for the quarters ended December 31, 2011 and March 31, 2012. All forward-looking statements contained in this release are made as of the date hereof, based on information available to AMPAC as of the date hereof, and AMPAC assumes no obligation to update any forward-looking statement, whether for actual results or otherwise, except as required by law.

ABOUT AMERICAN PACIFIC CORPORATION

AMPAC is a leading custom manufacturer of fine and specialty chemicals.  AMPAC supplies active pharmaceutical ingredients and advanced intermediates to the pharmaceutical industry.  For the aerospace and defense industry, AMPAC provides specialty chemicals used in solid rocket motors for space launch and military missiles.  AMPAC produces clean agent chemicals for the fire protection industry, as well as electro-chemical equipment for the water treatment industry.  Additional information about AMPAC can be found at www.apfc.com.

Contact:  Dana Kelley – (702) 735-2200
E-mail:  InvestorRelations@apfc.com
Website:  www.apfc.com


'/>"/>
SOURCE American Pacific Corporation
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. German-based Contract Research Organization Verum.de Opens US Office to Expand Clinical Study Services in Central and Eastern Europe for American Pharma and Biotech
2. American Pacific To Release Financial Results And Hold Fiscal 2012 Third Quarter Investor Teleconference
3. New Research Reveals Extent of Poor-Quality Antimalarial Medicines in South American Countries
4. The American Society of Interventional Pain Physicians Announces Guidelines for Responsible Prescribing of Pain-Killers for Chronic Non-Cancer Pain
5. Henry Schein Chairman and CEO Stanley M. Bergman Honored By Hispanic Dental Association, National Dental Association and Society of American Indian Dentists
6. MinuteClinic Joins with American Heart Association to Help Americans Reduce High Blood Pressure
7. United Seating & Mobility Completes Acquisition of Active American Mobilitys Rehab Division
8. United Seating & Mobility Completes Acquisition of Active American Mobility
9. Somnetics Pioneering CPAP Device Receives the 2012 North American Frost & Sullivan Award for Product Differentiation Excellence
10. Analysis of the North American Radiology Image and Information Management Systems Market
11. American Academy of Pain Medicine Applauds FDA Action to Enhance Patient Safety on Prescribing Opioids; Offers AAPM Safe Opioid Prescribing Course as Educational Model
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/2/2016)... DUBLIN , Dec 2, 2016 Research ... Market Size, Share, Development, Growth and Demand Forecast to 2022" report ... , , ... revenue of $6 billion in 2015, and it is expected to grow ... ultrasound segment is expected to witness faster growth during the forecast period, ...
(Date:12/2/2016)... 2016  PipelineRx, a leading medication management technology ... demonstrations of its SaaS-based telepharmacy platform, PowerGridRx™ ... 2016 Midyear Clinical Meeting and Exhibition, December 5-7 ... nearly 300 hospital clients nationally, the Company is ... to dramatically improve pharmacy operations, enhance patient safety, ...
(Date:12/2/2016)...  The Addiction Treatment Advisory Group (ATAG), created ... Pharmacy (AMCP), has released detailed findings on how ... addiction crisis, including through improved access to naloxone ... newly released paper, "The Role of Managed Care ... issues around gaps and barriers to addiction treatment ...
Breaking Medicine Technology:
(Date:12/4/2016)... ... December 03, 2016 , ... ... Shaping" at the 2016 Anti-Aging & Beauty Awards at The Aesthetic ... Aesthetic & Anti-Aging Medicine European Congress (AMEC) brings together the industry’s leading ...
(Date:12/4/2016)... ... , ... Responsible dental care hinges on regular brushing of the teeth. However, ... important necessity inspired an inventor from Las Vegas, Nev., to design the BRUSH PROPER. ... or avoid bad techniques of brushing the teeth in order to prevent cavities," he ...
(Date:12/2/2016)... ... 02, 2016 , ... For over twenty-four years, Doctors on Liens has published a ... find high quality medical care. When the company started in 1997, the directory was ... present day and the now ten-page directory features a vast array of medical specialists ...
(Date:12/2/2016)... Raleigh, NC (PRWEB) , ... December 02, 2016 , ... ... the Open Enrollment Period (or Annual Election Period), is ending December 7th. Currently-enrolled Medicare ... plan (Part C) or prescription drug plan (Part D) need to make changes during ...
(Date:12/2/2016)... ... , ... More than half of American teens report losing their virginity before ... their child about sex related topics, less than 60 percent spoke about deeper themes ... the launch of its second edition of the “Sexual Wellness” campaign, aiming to address ...
Breaking Medicine News(10 mins):