Norcross, Georgia, USA, 29 May 2009 -- (BUSINESS WIRE) -- RockTenn announced today the final results of its previously announced tender offer for up to USD 100,000,000 aggregate principal amount (the Tender Cap) of its 8.20% Senior Notes due 2011, with CUSIP number 772739AC2.
The tender offer expired 28 May 2009 at midnight (Eastern Time). As of the expiration date, tenders had been received from holders of USD 93.3 million in aggregate principal amount of the outstanding notes, representing approximately 93% of the Tender Cap, all of which will be accepted for purchase today, the settlement date. The tender offer was not fully subscribed and therefore tendering holders will not be prorated.
Pursuant to the terms of the tender offer, notes not tendered in the tender offer will remain outstanding, and the terms and conditions governing the notes, including the covenants and other provisions contained in the indenture governing the notes, will remain unchanged.
RockTenn (NYSE:RKT) is one of North America’s leading manufacturers of paperboard, containerboard, consumer and corrugated packaging, and merchandising displays, with annual net sales of approximately USD 2.8 billion. The company operates in the United States, Canada, Mexico, Chile, and Argentina.