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Arrow Electronics, Inc. Commences Fixed Price Cash Tender Offer for 9.15% Senior Notes Due 2010.

Publication: Electronics Newsweekly
Publication Date: 07-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Arrow Electronics, Inc. (the Company") (NYSE:ARW), announced that it has commenced a fixed price cash tender offer for any and all of its outstanding $200 million in aggregate principal amount of 9.15% Senior Notes due 2010 (CUSIP No. 042735AV2/042735AS9) (the "Notes").

The consideration for the Notes tendered and accepted for payment pursuant to the offer is $1,077.50 per $1,000 principal amount of the Notes (the "Notes Consideration"). In addition, the Company will pay all accrued and unpaid interest on the Notes purchased pursuant to the offer up to,...

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