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Article Excerpt
CARACAS, Venezuela, April 9, 2008 /PRNewswire/ -- C.A. La Electricidad de Caracas ("EDC") announced today the results of the previously announced offer to purchase and consent solicitation by Electricidad de Caracas Finance B.V. (the "Company"), a wholly-owned subsidiary of EDC, in connection with the Company's 10.25% Senior Guaranteed Notes Due 2014 (the "Notes"). The tender offer and consent solicitation expired at midnight, New York City time, on April 8, 2008 (the "Expiration Date"). As of the Expiration Date, the Company had received tenders with respect to U.S.$246,843,000 aggregate principal amount of the Notes, or 94.94% of the outstanding aggregate principal amount of the Notes. As previously announced, the Company has received consents...
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