SOURCE: Cerveceria Nacional Dominicana, C. por A.

March 18, 2008 09:56 ET

Cervecería Nacional Dominicana, C. por A. Announces Expiration and Final Results of Its Tender Offer for Its 8.000% Senior Notes Due 2014

SANTO DOMINGO, DOMINICAN REPUBLIC--(Marketwire - March 18, 2008) - Cervecería Nacional Dominicana, C. por A. (the "Company") announced today the expiration and final results of its previously announced tender offer (the "Tender Offer") for up to US$130,000,000 aggregate principal amount of the outstanding US$205,001,000 8.000% Senior Notes due 2014 (the "Notes") (CUSIP 157107AB9, P24028AB1 / ISIN US157107AB98, USP24028AB16 / Common Codes 029364761, 029375950). The Tender Offer expired at 5:00 p.m., New York City time, on March 17, 2008. US$118,688,000 in aggregate principal amount of Notes were validly tendered and accepted for purchase in the Tender Offer. The amount of Notes tendered was less than the maximum aggregate principal amount offered to purchase under the terms of the Tender Offer. Accordingly, there will be no proration of Notes tendered in the Tender Offer. The Company expects payment of the tender offer consideration, accrued and unpaid interest from the last interest payment date to, but not including, the settlement date, and the early tender premium, if applicable, for all notes accepted pursuant to the Tender Offer will occur on the settlement date, which is March 19, 2008. The Company will promptly return all Notes tendered and not accepted for purchase.

Standard Bank Plc acted as dealer manager for the Tender Offer and Bondholder Communications Group acted as information and tender agent for the Tender Offer. Questions and requests for information may be directed to the Information and Tender Agent at its offices, located at 30 Broad Street, 46th Floor, New York, NY 10004, Attention: Chloe Daniels, Telephone: (212) 809-2663, E-mail: cdaniels@bondcom.com or at its London Office located at 28 Throgmorton Street, 1st Floor, London EC2N 2AN, England, Attention: Chloe Daniels, Telephone: +44(0)20 73824580, E-mail: cdaniels@bondcom.com.

Contact Information

  • Contact:
    Chloe Daniels
    Bondholder Communications Group
    212-809-2663
    e-mail:cdaniels@bondcom.com
    website:www.bondcom.com/cnd