ROCHESTER, N.Y., Aug. 6, 2012 /PRNewswire/ -- Bausch & Lomb Incorporated ("Bausch + Lomb") announced today an amendment to its previously announced tender offer (the "tender offer") to purchase for cash up to $300 million of its outstanding 9 ⅞ percent Senior Notes due 2015 (CUSIP Nos. 071707AN3, U07190AA6 and 071707AP8) (the "senior notes").
Bausch + Lomb is extending the previously announced "early tender date" of 5 p.m., New York City time, on August 3, 2012, to 11:59 p.m., New York City time, on August 17, 2012, which is also the previously announced expiration date (such time and date, as the same may be extended or earlier terminated, the "expiration date") for the tender offer. All other terms of the tender offer remain unchanged.
Accordingly, holders of senior notes who validly tender their senior notes before the expiration date will be eligible to receive the previously announced "total consideration" of $1,041.25 per $1,000 principal amount of senior notes purchased.
The previously announced withdrawal deadline of 5 p.m., New York City time, on August 3, 2012 has passed. As a result, holders who have previously tendered senior notes and those holders who tender senior notes on or before the expiration date may not withdraw those notes.
The obligation of Bausch + Lomb to accept for purchase, and to pay for, senior notes validly tendered pursuant to the tender offer is subject to, and conditioned upon, the satisfaction or waiver of certain conditions as set forth in the Bausch + Lomb Offer to Purchase dated July 23, 2012, including completion of the drawdown of Bausch + Lomb's delayed draw term loan and other customary conditions.
The complete terms and conditions of the tender offer are described in the Bausch + Lomb Offer to Purchase dated July 23, 2012, copies of which may be obtained by contacting Global Bondholder Services Corporation, which is acting as the tender and information
|SOURCE Bausch + Lomb|
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