APX Group Inc. Announces Completion Of Exchange Offers For Its 6.375% Senior Secured Notes Due 2019 And 8.75% Senior Notes Due 2020
PROVO, Utah, Oct. 25, 2013 /PRNewswire/ -- APX Group Inc. announced the completion of its offers to exchange (i) all of its outstanding 6.375% Senior Secured Notes due 2019 (the "Outstanding 2019 Notes") for an equal principal amount of 6.375% Senior Secured Notes due 2019 which have been registered under the Securities Act of 1933, as amended and (ii) all of its outstanding 8.75% Senior Notes due 2020 (the "Outstanding 2020 Notes") for an equal principal amount of 8.75% Senior Notes due 2020 which have been registered under the Securities Act.
The exchange offers expired at 5:00 p.m., New York City time, on October 24, 2013. At the time of the expiration, subject to confirmation of tenders sent via the guaranteed delivery procedures set forth in the prospectus, tenders of approximately $925 million aggregate principal amount, or 100%, of the Outstanding 2019 Notes, and $580 million aggregate principal amount, or 100%, of the Outstanding 2020 Notes, have been received pursuant to the exchange offers.
This press release is neither an offer to exchange nor a solicitation of an offer to exchange any securities.
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