LINCOLNSHIRE, ILL., March 15 /CNW/ - Indalex Holding Corp. ("Indalex")
announced today that it has extended its exchange offer of its 11 1/2%
Second-Priority Senior Secured Notes due 2014, which have been registered
under the Securities Act of 1933, as amended, for all outstanding 11 1/2%
Second-Priority Senior Secured Notes due 2014 that were issued and sold by
Indalex in February 2006, in a private placement offering (the "outstanding
The exchange offer, previously scheduled to expire on March 15, 2007 at
5:00 p.m., New York City time, will now expire on March 16, 2007, at 5:00
p.m., New York City Time, unless further extended by Indalex.
Approximately $269.0 million in aggregate principal amount, or 99.6%, of
the outstanding notes were tendered in the exchange offer as of 5:00 p.m., New
York City time, on March 15, 2007. The extension is intended to allow
additional time for holders of the remaining outstanding notes to tender their
outstanding notes in the exchange offer.
Copies of the exchange offer prospectus and letter of transmittal may be
obtained from the Exchange Agent, U.S. Bank National Association, at (651)
This announcement is not an offer to sell any securities or a
solicitation of any offer to buy any securities. The exchange offer will be
made only by means of a written prospectus.
Indalex, a wholly owned subsidiary of Indalex Holdings Finance Inc.,
through its operating subsidiaries Indalex Inc. and Indalex Ltd., with
headquarters in Lincolnshire, Illinois, is the largest independent producer of
soft alloy extrusion products and the second largest aluminum extruder in
North America. Indalex's aluminum extrusion products are widely used
throughout industrial, commercial, and residential applications and are
customized to meet specific end-user requirements.
This new release contains forward-looking statements. The words "will,"
"expect" and "intention" are intended to identify forward-looking statements.
Such items are subject to certain risks and uncertainties that could cause
actual results to differ materially from those set forth in such statements.
Successful completion and timing of the exchange offer are dependent on
factors, including (without limitation) investor acceptance of the exchange
offer, risks and uncertainties related to the capital markets generally,
effectiveness of any required registration statements legally required to
effect the exchange offer and other similar requirements applicable to
exchange offers generally. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak to results only as of the
date the statements were made. Indalex undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
For further information:
For further information: Indalex Holdings Finance Inc. Mike Alger,
847-810-3122 or Scott Langdon, 416-234-5808