Headwaters launches tender offer for 2.875% convertibles due 2016

By Angela McDaniels

Tacoma, Wash., Sept. 24 - Headwaters Inc. has begun a tender offer for its $71.8 million outstanding principal amount of 2.875% convertible senior subordinated notes due 2016, according to a company news release.

The company is offering par plus accrued interest up to but excluding the payment date.

The tender offer will expire at midnight ET on Oct. 22.

Deutsche Bank Securities Inc. (800 503-4611) is the dealer manager, Morrow & Co., LLC (203 658-9400 or 800 662-5200) is the information agent, and Wilmington Trust FSB is the depositary.

Headwaters provides products and services to the energy, construction and home improvement industries. The company is based in South Jordan, Utah.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.