Rochester, NY 7/14/2009 11:59:09 PM
SMP - Results of Exchange Offer Announced by Standard Motor Products
Standard Motor Products, Inc.
STANDARD MOTOR PROD, SMP
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Standard Motor Products, Inc., an automotive replacement parts manufacturer and distributor, today announced the results of its offer to exchange its 15% Convertible Subordinated Debentures due 2011 ("New Debentures") for a like principal amount of its outstanding 6 3/4% Convertible Subordinated Debentures due 2009 ("Old Debentures"). The offer to exchange expired at 5:00 p.m., New York City time, on May 1, 2009, and at such time $12.3 million principal amount of Old Debentures had been validly tendered for exchange and not withdrawn according to information provided by HSBC Bank USA, N.A., the exchange agent of the offer to exchange. The Company has accepted for exchange all Old Debentures validly tendered and not withdrawn prior to the expiration of the offer to exchange.
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