Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - LIBBEY INC | l41692e8vk.htm |
AT THE COMPANY:
Kenneth A. Boerger
VP/Treasurer
(419) 325-2279
Kenneth A. Boerger
VP/Treasurer
(419) 325-2279
FOR IMMEDIATE RELEASE
TUESDAY, JANUARY 25, 2011
TUESDAY, JANUARY 25, 2011
LIBBEY INC. ANNOUNCES EXPIRATION OF EXCHANGE OFFER
FOR SENIOR SECURED NOTES
FOR SENIOR SECURED NOTES
TOLEDO, OHIO, January 25, 2011 — Libbey Inc. (NYSE Amex: LBY) (“Company”) today announced the
expiration of the previously announced exchange offer by its wholly owned subsidiary, Libbey Glass
Inc. Pursuant to the exchange offer, Libbey Glass Inc. offered to exchange any and all of its
outstanding $400,000,000 aggregate principal amount of 10.0% Senior Secured Notes due 2015 (the
“Original Notes”) for an equal principal amount of a new issue of 10.0% Senior Secured Notes due
2015, which have been registered under the Securities Act of 1933, as amended (the “Securities
Act”) pursuant to an effective registration statement on Form S-4 filed with the Securities and
Exchange Commission (the “New Notes”). The Original Notes were issued on February 8, 2010, in a
private placement pursuant to Rule 144A and Regulation S under the Securities Act.
In the exchange offer, $400,000,000 aggregate principal amount of Original Notes were validly
tendered and not validly withdrawn prior to the expiration, which represents 100% of the aggregate
principal amount of Original Notes outstanding upon commencement of the exchange offer. Libbey
Glass Inc. has accepted for exchange all of the Original Notes validly tendered and not validly
withdrawn and settlement will occur promptly.
This news release is for informational purposes only and is not an offer to buy or the solicitation
of an offer to sell any security. The exchange offer was made only pursuant to the exchange offer
documents, including the prospectus and letter of transmittal that were distributed to the holders
of the Original Notes and were filed with the Securities and Exchange Commission.
This
press release includes forward-looking statements as defined in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements
only reflect the Company’s best assessment at this time and are indicated by words or phrases such
as “goal,” “expects,” “ believes,” “will,” “estimates,” “anticipates,” or similar phrases.
Investors are cautioned that forward-looking statements involve risks and uncertainty, that actual
results may differ materially from such statements, and that investors should not place undue
reliance on such statements. These forward-looking statements may be affected by the risks and
uncertainties in the Company’s business. This information is qualified in its entirety
by cautionary statements and risk factor disclosures contained in the Company’s Securities and
Exchange Commission filings, including the Company’s report on Form 10-K filed with the Commission
on March 15, 2010. Any forward-looking statements speak only as of the date of this press release,
and the Company assumes no obligation to update or revise any forward-looking statement to reflect
events or circumstances arising after the date of this press release.