Cott Announces Intention to Offer $200.0 Million of Senior Notes
29 10월 2009 - 8:00PM
PR Newswire (US)
TORONTO and TAMPA, Fla., Oct. 29 /PRNewswire-FirstCall/ -- Cott
Corporation (NYSE: COT; TSX: BCB) announced today that its wholly
owned subsidiary, Cott Beverages Inc. ("Cott Beverages"), intends
to offer $200.0 million of senior notes due 2017 (the "New Notes").
The New Notes will be offered to qualified institutional buyers
pursuant to Rule 144A under the Securities Act of 1933, as amended
(the "Securities Act"), and to non-U.S. persons in accordance with
Regulation S under the Securities Act. The New Notes will be fully
and unconditionally guaranteed by Cott and certain of its
subsidiaries. Cott Beverages expects to use the net proceeds from
the offering to fund the previously announced tender offer for, or
redeem, its 8.0% Senior Subordinated Notes due 2011 (the "2011
Notes"). This press release is for informational purposes only and
is not an offer to buy or the solicitation of an offer to sell any
securities. The New Notes have not been registered under the
Securities Act or any state securities laws and, unless so
registered, may not be offered or sold in the United States except
pursuant to an applicable exemption from the registration
requirements of the Securities Act and applicable state securities
laws. Safe Harbor Statements This news release contains
forward-looking statements, including statements regarding our
intention to offer notes, the principal amount and maturity date of
such notes and our use of the net proceeds from the offering of
such notes. These statements are based on current expectations,
forecasts and assumptions involving risks and uncertainties that
could cause actual outcomes and results to differ materially. These
risks and uncertainties include, but are not limited to market
conditions or other reasons including other risks, relevant factors
and uncertainties identified in our Annual Report on Form 10-K for
the fiscal year ended December 27, 2008, subsequent Reports on Form
10-Q and Form 8-K and our other securities filings. Cott disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. DATASOURCE: Cott Corporation CONTACT: Kimball
Chapman, Investor Relations, +1-813-313-1840,
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