Teksid Aluminum Luxembourg S.a r.l., S.C.A. Receives Requisite Consents to Amendments to the Indenture

    CARMAGNOLA, Italy, June 11 /CNW/ - Teksid Aluminum Luxembourg S.a r.l.,
S.C.A. (the "Company") announced that, as of 12:00 P.M., New York City time
(5:00 P.M., London time), on Thursday, June 7, 2007, consents representing
approximately 70% of the EUR205,598,000 aggregate principal amount of its
outstanding 11 3/8% Senior Notes due 2011 (the "Senior Notes") have been
validly delivered pursuant to its previously announced solicitation of
consents to implement certain proposed amendments (as described below) to the
indenture governing the Senior Notes (the "Indenture") and to give effect to
an immediate effectiveness of a waiver (the "Waiver") of any Default (as
defined in the Indenture) or Event of Default (as defined in the Indenture)
arising from and any claims relating to the Company's failure to comply with
the sixth paragraph of Section 11.15(b)(i) of the Indenture. Consequently, the
Company, the note guarantors and the trustee executed a supplemental indenture
(the "Supplemental Indenture") on Thursday, June 7, 2007. Accordingly, the
proposed amendments have become operative in accordance with their terms and
the Waiver has become effective.
    The consent solicitation expired on Friday, June 8, 2007 at 10:00 A.M.,
New York City time (3:00 P.M., London time).
    The indenture amendments (a) allow the sale of the Company's equity
interest in Cevher Dokum Sanayi A.S. to the majority owner, Cevher Jant Sanayi
A.S. (the "Turkish Interest Sale"), (b) extend the time by which an offer to
purchase Senior Notes after the sale of Teksid Aluminum Poland S.p. z.o.o. is
to be made to no later than June 19, 2007 and (c) fix a technical error in the
    This announcement is for informational purposes only and does not
constitute an invitation to participate in the consent solicitation in any
jurisdiction in which, or to or from any person to or from whom it is unlawful
to make such invitation under applicable securities laws. The distribution of
this announcement in certain jurisdictions may be restricted by law. Persons
into whose possession this document comes are required to inform themselves
about, and to observe any such restrictions. The consent solicitation was made
only by the Statement dated June 1, 2007.

    Cautionary Note Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning
of the federal securities laws relating to the consent solicitation. These
statements are based upon management's current expectations and beliefs and
are subject to certain risks and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements.
These risks and uncertainties include market conditions and other factors
beyond the Company's control and the risk factors and other cautionary
statements discussed in the Statement.

For further information:

For further information: The Bank of New York and The Bank of New York
(Luxembourg) S.A. (One Canada Square, London, E14 5AL, England, Attention:
Corporate Trust Administration, e-mail: lloydgeorge@bankofny.com, Tel:
+44-207-964-6461), in their capacity as Information Agent and Tabulation Agent
in Luxembourg

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