Murray Energy Corporation Extends Consent Solicitations Relating to its 8.625% Senior Secured Notes due 2021 and 9.50% Senior Secured Notes due 2020
ST. CLAIRSVILLE, Ohio, March 25, 2015 /PRNewswire/ -- Murray Energy Corporation ("Murray Energy" or the "Company") today announced that it has extended the expiration date for its previously announced solicitations of consents (the "Consent Solicitations") from holders of its outstanding 8.625% Senior Secured Notes due 2021 (the "2013 Notes") and 9.50% Senior Secured Notes due 2020 (the "2014 Notes" and, together with the 2013 Notes, the "Notes") to approve amendments (the "Proposed Amendments") to the indenture relating to the 2013 Notes and the indenture relating to the 2014 Notes and related security agreements.
Each Consent Solicitation will now expire at 5:00 p.m., New York City time, on Wednesday, March 25, 2015.
Holders of the Notes who have previously delivered consents do not need to redeliver such consents or take any other action in response to this announcement.
Except as set forth herein, all other terms, provisions and conditions of the Consent Solicitations remain unchanged. The full terms and conditions of the Consent Solicitations are set forth in the consent solicitation statement, as amended (the "Consent Solicitation Statement") and related letter of consent, each dated March 16, 2015, previously distributed to eligible holders of the Notes.
Copies of the Consent Solicitation Statement, the letter of consent and other related documents may be obtained from D.F. King & Co., Inc., the Information and Tabulation Agent, at (877) 283-0316 (toll free). Holders of the Notes are urged to review the Consent Solicitation Statement and the letter of consent for the detailed terms of the Consent Solicitations and the procedures for consenting to the Proposed Amendments. Any persons with questions regarding the Consent Solicitations should contact the Solicitation Agents: Deutsche Bank Securities Inc. at (212) 250-7527 (collect) or (855) 287-1922 (toll free) or Goldman, Sachs & Co. at (212) 902-6941 (collect) or (800) 828-3182 (toll free).
This announcement is for information purposes only and is neither an offer to sell nor a solicitation of an offer to buy any security. This announcement is also not a solicitation of consents with respect to the Proposed Amendments or any securities. No recommendation is being made as to whether holders of the Notes should consent to the Proposed Amendments. The solicitations of consents is not being made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable state or foreign securities or "blue sky" laws.
IMPORTANT NOTE
This press release does not constitute an offer to sell or the solicitation of offer to buy any securities, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release contains "forward-looking" statements within the meaning of the federal securities laws. These statements contain words such as "possible," "intend," "plan," "will," "if" and "expect" and can be impacted by numerous factors, including risks relating to the Acquisition (as defined in the Consent Solicitation Statement), the securities markets generally, the impact of adverse market conditions affecting business of Murray Energy, adverse changes in laws including with respect to tax and regulatory matters and other risks. There can be no assurance that actual results will not differ from those expected by management of Murray Energy. Murray Energy does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which Murray Energy become aware of, after the date hereof. The closing of the transaction is subject to the satisfaction or waiver of several conditions, including receipt of proceeds from the financing activities.
SOURCE Murray Energy Corporation
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