Cott Corp. (COT, BCB.TO) announced the expiration of the prior announced cash tender offer and consent solicitation by its wholly owned subsidiary, Cott Beverages Inc., for any and all of its 8.0% senior subordinated notes due 2011. The Tender Offer expired at 11:59 p.m., New York City time, on November 27, 2009.
As earlier announced, Cott Beverages purchased $236.7 million aggregate principal amount of the 8.0% notes, or 95.35% of the total outstanding, which were validly tendered prior to the early tender deadline of 5:00 p.m., New York City time, on November 12, 2009. Following the Tender Offer, there will be total of $11.2 million aggregate principal amount of 8.0% Notes outstanding.
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