Wednesday, Forest Oil Corp. (FST) said it has extended the expiration date for its previously announced exchange offer relating to its outstanding 81/2% Senior Notes Due 2014, which commenced on December 8, 2009.
The exchange offer, which was initially scheduled to expire on 5:00 p.m., New York City time on January 12, 2010, has been extended until 5:00 p.m., New York City Time on Wednesday, January 20, 2010. Holders of notes previously tendered for exchange shall have the right to withdraw tenders of notes at any time prior to the expiration of the exchange offer. As of January 12, 2010, holders of $599,700,000, or 99.95%, of the outstanding principal amount of notes have tendered their notes for exchange.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.