Columbia Point Limited Completes Tender Offer to Acquire the Outstanding Notes of Airlie CDO I
NEW YORK, Nov. 12, 2010 /PRNewswire/ -- Columbia Point Limited (the "Offeror"), a wholly owned subsidiary of Elliott International, L.P., announces today that it has completed its tender offer for the Class B Floating Rate Deferrable Notes Due 2014 (CUSIP No. 00936KAB0), the Class C Floating Rate Deferrable Notes Due 2014 (CUSIP Nos. 00936KAC8 and G0134PAC0) (the "Class C Notes") and the Class D Floating Rate Deferrable Notes Due 2014 (CUSIP Nos. 00936KAD6, 00936KAH7 and G0134PAD8) (the "Class D Notes") co-issued by Airlie CDO I, Ltd. and Airlie CDO I, Corp.
$5,000,000 principal amount of the Class C Notes has been tendered pursuant to the tender offer and has been accepted for payment at a price equal to 31% of such principal amount and $7,500,000 principal amount of the Class D Notes has been tendered pursuant to the tender offer and has been accepted for payment at a price equal to 29% of such principal amount.
IMPORTANT NOTICE: This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any of the Notes.
SOURCE Elliott Management
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