APX Group, Inc. Announces Exchange Offer For Its 8.75% Senior Notes Due 2020

Feb 04, 2014, 10:55 ET from Vivint

PROVO, Utah, Feb. 4, 2014 /PRNewswire/ -- APX Group, Inc. (the "Issuer") announced today that it is commencing an exchange offer for its outstanding $250.0 million aggregate principal amount of 8.75% Senior Notes due 2020 that were issued on December 13, 2013 (the "Outstanding Notes"), upon the terms and conditions set forth in a prospectus, dated February 4, 2014, and in the accompanying letter of transmittal relating to the exchange offer.

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Pursuant to the exchange offer, the Issuer is offering to exchange all of the Outstanding Notes for a like principal amount of its 8.75% Senior Notes due 2020, which have been registered under the Securities Act of 1933, as amended (the "Exchange Notes"). 

The exchange offer will expire at 5:00 p.m., New York City time, on March 6, 2014 unless extended.

This press release is not an offer to exchange any of the Outstanding Notes for the Exchange Notes or the solicitation of an offer to exchange, which the Issuer is making only through the prospectus.  Copies of the prospectus, the letter of transmittal and other related documents may be obtained from Wilmington Trust, National Association, as exchange agent for the exchange offers, at the following address:

Wilmington Trust, National Association
301 West 11th Street
Wilmington, DE 19801
Attn: Jolene Perry
(302) 636-6606

About Vivint

Vivint is a leading provider of home technology services. Vivint services are delivered through a technology-based platform that integrates a wide range of wireless features and components to provide simple, affordable home security, energy management, home automation,
and solar solutions. Our vision is to connect customers to the things that matter most—their homes, families, health, cars, and businesses. In 2011, Vivint's Home Automation package and Advanced Security package received a Consumers Digest "Best Buy" rating. Vivint also received the 2012 CSAA Central Station of the Year award for overall excellence in monitoring, training, and quality relationships with customers. Dedicated to protecting families, increasing energy efficiency, and simplifying lives, Vivint has over 13 years of experience and supports more than 800,000 customers throughout the United States and Canada. For more information, visit the company's website at www.vivint.com.

CONTACT: Dale R. Gerard at (801) 705-8011 or dgerard@vivint.com