MEMC Announces Closing of Exchange Offer for 7.750% Senior Notes Due 2019

Oct 03, 2011, 08:00 ET from MEMC Electronic Materials, Inc.

ST. PETERS, Mo., Oct. 3, 2011 /PRNewswire/ -- MEMC Electronic Materials, Inc. (NYSE: WFR) has announced the closing of an exchange offer pursuant to which it offered to exchange up to $550,000,000 in aggregate principal amount of its 7.750% Senior Notes due 2019, which have been registered under the Securities Act of 1933, as amended (the "new notes"), for an equal aggregate principal amount of its outstanding 7.750% Senior Notes due 2019 (the "old notes").

As of Wednesday, September 28, 2011, which was the expiration date of the exchange offer, all of the outstanding old notes had been tendered for exchange.

This press release is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any security. The exchange offer was made only pursuant to a prospectus and letter of transmittal that has been filed with the Securities and Exchange Commission as part of a Registration Statement on Form S-4 (File No. 333-176188). The Registration Statement was declared effective by the Securities and Exchange Commission on August 26, 2011.

About MEMC

MEMC is a global leader in semiconductor and solar technology.  MEMC has been a pioneer in the design and development of silicon wafer technologies for over 50 years.  With R&D and manufacturing facilities in the U.S., Europe, and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells.  Through its SunEdison subsidiary, MEMC is also a developer of solar power projects and a worldwide leader in solar energy services.  MEMC's common stock is listed on the New York Stock Exchange under the symbol "WFR" and is included in the S&P 500 Index.  For more information about MEMC, please visit www.memc.com.

SOURCE MEMC Electronic Materials, Inc.



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