Delhaize Group Announces Extension of Consent Solicitation with Respect to 8.05% Notes Due 2027 and 9.00% Debentures Due 2031
(Thomson Reuters ONE) -
BRUSSELS, Belgium, August 21, 2013 - Delhaize Group (Euronext Brussels: DELB,
NYSE: DEG), the Belgian international food retailer, announced today that its
subsidiary Delhaize America, LLC ("Delhaize America" or the "Issuer") is
extending the expiration date of its previously announced consent solicitation
(the "Consent Solicitation") with respect to proposed amendments ("Proposed
Amendments") to the indentures (the "Indentures") governing the Issuer's
$70,697,000 outstanding 8.05% Notes due 2027 (CUSIP No. 344775AC5) and
$271,406,000 outstanding 9.00% Debentures due 2031 (CUSIP Nos. 246688AF2 and
246688AB1) (collectively, the "Securities"), upon the terms and subject to the
conditions set forth in the Consent Solicitation Statement dated August
12, 2013 (the "Consent Solicitation Statement").
The Consent Solicitation, which was previously scheduled to expire at 5:00 p.m.,
New York City time, on August 20, 2013, will be extended to 5:00 p.m., New York
City time, on August 23, 2013, unless further extended or terminated by Delhaize
America. All other terms and conditions of the Consent Solicitation, as set
forth in the Consent Solicitation Statement, remain the same.
Delhaize America is soliciting consents from holders of record of the Securities
("Holders") as of 5:00 p.m., New York City time, on August 9, 2013 (such date
and time, the "Record Date"). The purpose of the Proposed Amendments is to amend
certain provisions in the Delhaize America Indentures to align them with the
corresponding provisions of the indentures under which Delhaize Group (Delhaize
America's ultimate parent company) has issued its debt securities.
BofA Merrill Lynch is acting as the Solicitation Agent for the consent
solicitation. D.F. King & Co., Inc., is acting as the Information Agent and
Tabulation Agent. Questions concerning the terms of this solicitation should be
directed to BofA Merrill Lynch at (888) 292-0070 (U.S. Toll-Free) or (980)
683-3215 (Collect). Requests for assistance in completing the consent form or
requests for additional copies of the Consent Solicitation Statement should be
directed to D.F. King & Co., Inc. at (800) 967-7635 (U.S. Toll-Free) or (212)
269-5550 (Collect)or by email at Delhaize(at)dfking.com.
This announcement is for information purposes only and is neither an offer to
sell nor a solicitation of an offer to buy any Securities or any other
securities. This announcement is also not a solicitation of consents with
respect to the Proposed Amendments or any securities. The solicitation of
consents is not being made in any jurisdiction in which, or to or from any
person to or from whom, it is unlawful to make such solicitation under
applicable U.S. state or non-U.S. securities or "blue sky" laws.
» Delhaize Group
Delhaize Group is a Belgian international food retailer present in ten countries
on three continents. At the end of the second quarter of 2013, Delhaize Group's
sales network consisted of 3 455 stores. In 2012, Delhaize Group posted ?21.0
billion ($27.0 billion) in revenues and ?104 million ($134 million) in net
profit (Group share). At the end of 2012, Delhaize Group employed approximately
158 000 people. Delhaize Group's stock is listed on NYSE Euronext Brussels
(DELB) and the New York Stock Exchange (DEG).
This press release is available in English, French and Dutch. You can also find
it on the website http://www.delhaizegroup.com. Questions can be sent to
investor(at)delhaizegroup.com.
» Contacts
Investor Relations: + 32 2 412 2151
Media Relations: + 32 2 412 8669
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
Statements that are included or incorporated by reference in this press release
and other written and oral statements made from time to time by Delhaize Group
and its representatives, other than statements of historical fact, which address
activities, events and developments that Delhaize Group expects or anticipates
will or may occur in the future, including, without limitation, the timing of
the consent payment, are "forward-looking statements" within the meaning of the
U.S. federal securities laws that are subject to risks and uncertainties. These
forward-looking statements generally can be identified as statements that
include phrases such as "projected," "strategy," "may," "expect," "anticipate,"
"intend," "will," "should" or other similar words or phrases. Although such
statements are based on current information, actual outcomes and results may
differ materially from those projected depending upon a variety of factors,
including, but not limited to, changes in the general economy or the markets of
Delhaize Group, in strategy, in consumer spending, in inflation or currency
exchange rates or in legislation or regulation; and competitive factors.
Additional risks and uncertainties that could cause actual results to differ
materially from those stated or implied by such forward-looking statements are
described in Delhaize Group's most recent Annual Report on Form 20-F and other
filings made by Delhaize Group with the U.S. Securities and Exchange Commission,
which risk factors are incorporated herein by reference. Delhaize Group
disclaims any obligation to update developments of these risk factors or to
announce publicly any revision to any of the forward-looking statements
contained in this release, or to make corrections to reflect future events or
developments.
Press release in pdf:
http://hugin.info/133961/R/1724051/574632.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Delhaize Group via Thomson Reuters ONE
[HUG#1724051]
Unternehmensinformation / Kurzprofil:
Datum: 21.08.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 289608
Anzahl Zeichen: 6899
contact information:
Town:
Brussels
Kategorie:
Business News
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"Delhaize Group Announces Extension of Consent Solicitation with Respect to 8.05% Notes Due 2027 and 9.00% Debentures Due 2031"
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