Owens-Brockway Glass Container Inc. Announces Completion of Its Partial Tender Offer for Its 8-7/8 % Senior Secured Notes Due 2009

As of 5:00 p.m., New York City time, on July 11, 2006, holders of Notes had tendered $827,474,000 in aggregate principal amount of the Notes.Owens- Brockway Glass Container Inc. purchased $100,000,000 principal amount of the Notes, or 12.1% of the aggregate principal amount of Notes tendered, for a total price of $103,998,110, including $3,998,110 of premiums, subject to the terms and conditions of the tender offer. Owens-Brockway Glass Container Inc. has also paid accrued and unpaid interest on all Notes accepted for purchase up to, but not including, today, the settlement date.

Read the entire news on the source link below.