Libbey Glass, a wholly-owned subsidiary of Libbey Inc., has started an exchange for its outstanding Senior Secured Notes. The exchange offer will expire at 5:00 p.m., New York City time, on 7 December 2012, unless extended or terminated.
Libbey Inc.’s wholly-owned subsidiary, Libbey Glass Inc., has commenced an exchange offer for any and all of its outstanding USD 450,000,000 aggregate principal amount of 6.875% Senior Secured Notes due 2020. The Outstanding Notes were issued on 15 May 2012, in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended. Holders of Outstanding Notes may exchange them for an equal principal amount of a new issue of 6.875% Senior Secured Notes due 2020, which have been registered under the Securities Act pursuant to an effective registration statement on Form S-4 filed with the Securities and Exchange Commission.
The exchange offer is being conducted to satisfy the company’s obligations under the terms of a registration rights agreement entered into in connection with the issuance of the Outstanding Notes, and does not represent a new financing transaction.
The exchange offer will expire at 5:00 p.m., New York City time, on 7 December 2012, unless extended or terminated. Tenders of Outstanding Notes must be properly made before the exchange offer expires and may be withdrawn at any time before the exchange offer expires.