Rochester, NY 8/7/2009 8:25:57 AM
After Hours - HJ Heinz Co., HNZ - Heinz Recently Release Results of Early Participation Period of the Company’s Exchange Offer
HJ Heinz Co.
The H.J. Heinz Company have announced the results of the early participation period of the company’s offer to exchange 7.125% Guaranteed Notes.
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A total of $681 million aggregate principal amount of Drs. have been validly tendered and accepted for exchange at or prior to 5:00 p.m., New York City time today, corresponding to 85% of the total outstanding amount of the Drs.
Each holder who tendered Drs. on or prior to the early participation date will receive in exchange for each Drs. $1,000 principal amount of 7.125% Guaranteed Notes at an issue price that has been determined to equal $993.11 plus a cash amount equal to $319.39.
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