Attached files
file | filename |
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8-K - FORM 8-K - CENTURY ALUMINUM CO | y80974e8vk.htm |
EX-4.2 - EX-4.2 - CENTURY ALUMINUM CO | y80974exv4w2.htm |
EX-4.1 - EX-4.1 - CENTURY ALUMINUM CO | y80974exv4w1.htm |
EX-10.1 - EX-10.1 - CENTURY ALUMINUM CO | y80974exv10w1.htm |
Exhibit
99.1
Century Aluminum Company Announces Acceptance of Notes for Exchange in Exchange
Offer and Consent Solicitation Related to its 7.5% Senior Notes due 2014
Offer and Consent Solicitation Related to its 7.5% Senior Notes due 2014
Monterey, CA, December 10, 2009 Century Aluminum Company (the Company) (NASDAQ: CENX)
today announced that, in connection with the exchange offer and consent solicitation related to its
7.5% Senior Notes due 2014, CUSIP No. 156431AH1 (the 2014 Notes), the Company issued
$245,475,800 aggregate principal amount of 8% Senior Secured Notes due 2014 (the Exchange
Notes) in exchange for $243,052,000 aggregate principal amount of 2014 Notes and delivery of
related consents; approximately $2.4 million of the Exchange Notes were issued and approximately
$2.4 million in cash was paid for such consents. After giving effect to the exchange offer,
$6,948,000 aggregate principal amount of 2014 Notes remain outstanding.
The Company received consents from holders of the required principal amount of the 2014 Notes to
eliminate most restrictive covenants and modify certain events of default in the indenture
governing the 2014 Notes.
This press release does not constitute an offer to exchange or a solicitation of consents relating
to the 2014 Notes or any other securities of the Company. The exchange offer and consent
solicitation were made pursuant to an exemption from the registration requirements of the
Securities Act of 1933, as amended (the Securities Act) contained in Section 3(a)(9) of
the Securities Act. The Company has not filed and will not file a registration statement under the
Securities Act or any other federal or state securities laws with respect to the offer of Exchange
Notes in the exchange offer and consent solicitation related to the 2014 Notes described above.
* * * *
Century Aluminum Company owns primary aluminum capacity in the United States and Iceland. Centurys
corporate offices are located in Monterey, California.
Cautionary Statement
This press release may contain forward-looking statements within the meaning of U.S. federal
securities laws. The company has based its forward-looking statements on current expectations and
projections about the future; however, these statements are subject to risks, uncertainties and
assumptions, any of which could cause the companys actual results to differ materially from those
expressed in its forward-looking statements. More information about these risks, uncertainties and
assumptions can be found in the risk factors and forward-looking statements cautionary language
contained in the companys Annual Report on Form 10-K and in other filings made with the Securities
and Exchange Commission. The company does not undertake, and specifically disclaims, any obligation
to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated
events or circumstances after the date such forward-looking statements are made.
Certified Advisors for the First North market of the OMX Nordic Exchange Iceland hf. for Global
Depositary Receipts in Iceland:
Atli B. Gudmundsson, Senior Manager Corporate Finance, NBI hf.
Steingrimur Helgason, Director Corporate Finance, NBI hf.
Contacts:
Media
Mike Dildine
831-642-9364
Mike Dildine
831-642-9364
Investors
Shelly Lair
831-642-9357
Shelly Lair
831-642-9357