Altra Holdings, Inc. Announces Tender Offer By Subsidiary
November 17, 2009 (FinancialWire) — Altra Holdings, Inc. (Altra Holdings) (NASDAQ: AIMC), announced the commencement of a cash tender offer by its wholly-owned subsidiary, Altra Industrial Motion, Inc. (Altra Industrial), for any and all of its outstanding 9% Senior Secured notes due 2011 (the “Notes).
There is currently $205,300,000 aggregate principal amount of the notes outstanding. The tender offer (the “Offer) is being made pursuant to an Offer to Purchase and Waiver (the “Offer to Purchase) and a related Letter of Transmittal and Waiver (the “Letter of Transmittal), each dated as of November 10, 2009. The Offer will expire at 12: 00 midnight, Eastern Standard time, at the end of Wednesday, December 9, 2009, unless extended or earlier terminated (the “Expiration Time).
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