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H&E Equipment Services, Inc. Announces Tender Offer and Consent Solicitation for all of its 11 1/8% Senior Secured Notes and 12 1/2% Senior Subordinated Notes.

Publication: Business Wire
Publication Date: 25-MAY-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
BATON ROUGE, La. -- H&E Equipment Services, Inc. ("H&E Inc.") (NASDAQ:HEES) today announced that it and its wholly-owned subsidiary, H&E Finance Corp. ("H&E Finance" and together with H&E Inc., the "Issuers"), have commenced a cash tender offer and consent solicitation for all $200 million of the Issuers' outstanding 11 1/8% Senior Secured Notes due 2012 (the "Senior Secured Notes" - CUSIP No. 404085AB8), and all $53 million of the Issuers' outstanding 12 1/2% Senior Subordinated Notes due 2013 (the "Senior Subordinated Notes" - CUSIP No. 404085AF9) (the "Notes"). E[acute accent]The total consideration for each $1,000 principal amount of the Senior Secured Notes and Senior Subordinated Notes tendered and accepted for purchase pursuant to the tender offer will be determined as specified in the Offer to Purchase and Consent Solicitation Statement of the Issuers, dated May 25, 2006 (the "Statement"), on the basis of a yield to the applicable first redemption date equal to the sum of (i) the yield (based on the bid side price) of the U.S. Treasury security specified in...

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