NEW YORK, May 22, 2013 /PRNewswire/ -- Avon Grove Charter School (the "School") announced today that it is extending the expiration date for receiving bondholder consent to certain amendments to the transaction from holders of its Chester County Industrial Development Authority Revenue Bonds, (Avon Grove Charter School Project) Series 2007A (the "Series 2007 Bonds") on the terms and subject to the conditions set forth in the Consent Solicitation Statement dated May 1, 2013 and the forthcoming Supplement to Consent Solicitation Statement.
The expiration date of the consent solicitation has been extended to 5:00 p.m., New York City time, on June 26, 2013, unless terminated, shortened or extended by the School. Only holders of record of the Series 2007 Bonds as of 5:00 p.m., New York City time, on April 30, 2013, are eligible to deliver consents to the proposed amendments in the consent solicitation.
The School has retained D.F. King & Co., Inc. to act as Information Agent and Tabulation Agent for the consent solicitation. Questions about the consent solicitation and copies of the Consent Solicitation Statement and related documents may be obtained from D.F. King & Co. at (800) 758-5880 (toll-free) or (212) 269-5550 (collect).
This announcement is for informational purposes only and is not a solicitation of consents with respect to any securities. This announcement shall not constitute an offer to buy or a solicitation of an offer to sell any Series 2007 Bonds. The consent solicitation is being made solely on the terms and subject to the conditions set forth in the Consent Solicitation Statement and is not being made in any jurisdiction in which it is unlawful to solicit or grant consents.
The School is a separate legal entity and not-for-profit corporation organized under the laws of the Commonwealth of Pennsylvania. The School has recruited highly qualified, career professionals committed to the philosophy of the School that all students may be immersed in a highly intensive learning environment where students are encouraged to aspire toward academic excellence. As it grows, the School's commitment to academic excellence, discovery learning, small class sizes, student-teacher interaction, and pedagogical excellence remain its cornerstone.
SOURCE Avon Grove Charter School