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ArvinMeritor Announces Expiration and Settlement of Exchange Offer.

Publication: PR Newswire
Publication Date: 30-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TROY, Mich., Sept. 30 /PRNewswire-FirstCall/ -- ArvinMeritor, Inc. today announced the expiration of its offer to exchange a new series of Senior Notes due Sept. 15, 2015, for up to $350 million of its outstanding $499 million 6.80 percent Senior Notes (the "6.80 percent Notes") due Feb. 15, 2009, and $150 million 7.125 percent Senior Notes (the "7.125 percent Notes" and, together with the 6.80 percent Notes, the "Old Notes") due March 15, 2009. The exchange offer expired at midnight (ET) on Sept. 28, 2005.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO )

As of the expiration date, holders had validly tendered and not withdrawn $193.9 million...

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