Ormat Funding Corp. Declares Expiration of Its Previously Announced Consent Solicitation
31 Maio 2007 - 5:47AM
PR Newswire (US)
Relating to the 8-1/4% Senior Secured Notes due December 30, 2020
CUSIP No.: 686685AB4 RENO, Nev., May 31 /PRNewswire-FirstCall/ --
Ormat Funding Corp. (the "Company"), a wholly owned subsidiary of
Ormat Technologies, Inc. (NYSE:ORA), today announced the expiration
of the consent solicitation launched on May 16, 2007 relating to
the Company's 8-1/4% Senior Secured Notes due December 30, 2020,
CUSIP No.: 686685AB4 (the "Consent Solicitation"). As previously
announced, the Consent Solicitation and Waivers granted pursuant
thereto became effective and no longer revocable at 5:00 p.m. New
York City time, May 24, 2007. The Expiration Date for the Consent
Solicitation was May 30, 2007. Holders of 99.3% of the aggregate
principal amount of the Senior Secured Notes delivered valid and
not revoked written consents prior to the Expiration Date and will
receive the consent fee in accordance with the terms of the Consent
Solicitation. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO ) Lehman
Brothers Inc. acted as the Solicitation Agent for the Consent
Solicitation. Union Bank of California, N.A., served as the
Tabulation and Information Agent for the Consent Solicitation. This
press release does not constitute an offer to sell or the
solicitation of an offer to buy any securities nor shall there be
any sale of securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. Safe
Harbor Statement Information provided in this press release may
contain statements relating to current expectations, estimates,
forecasts and projections about future events that are
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
generally relate to Ormat Funding Corp's plans, objectives and
expectations for future operations and are based upon its
management's current estimates and projections of future results or
trends. Actual future results may differ materially from those
projected as a result of certain risks and uncertainties. These
forward-looking statements are made only as of the date hereof, and
we undertake no obligation to update or revise the forward-looking
statements, whether as a result of new information, future events
or otherwise. Ormat Funding Corp. Paul Zavesov 1-775-356-9029
http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGODATASOURCE:
Ormat Funding Corp. CONTACT: Paul Zavesov of Ormat Funding Corp.,
+1-775-356-9029, Web site: http://www.ormat.com/
Copyright
Ormat Technologies (NYSE:ORA)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Ormat Technologies (NYSE:ORA)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024