Exopack Announces Intention to Sell Senior Notes
September 21, 2010 08:50 AM Eastern Daylight Time
SPARTANBURG, S.C.--(EON: Enhanced Online News)--Exopack Holding Corp. (the “Company”) today
announced that it intends to sell $100 million aggregate principal amount of its 11¼% senior notes due 2014 in an
offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933 (the “Securities Act”) and in
reliance on another exemption from registration.
The notes will be issued as additional notes under the indenture pursuant to which, on January 31, 2006, the
Company issued $220 million aggregate principal amount of its 11¼% senior notes due 2014. The notes mature on
February 1, 2014. The notes will be guaranteed on a senior unsecured basis by certain of the Company’s existing
and future domestic subsidiaries.
The Company intends to use the proceeds from the offering and cash on hand to repay the $100 million term loan
existing under the Company’s credit and guaranty agreement.
The notes and related guarantees have not been registered under the Securities Act or the securities laws of any
other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption
from the registration requirements. This press release does not constitute an offer to sell the notes, nor a solicitation
for an offer to purchase the notes.
Managing 19 production facilities strategically positioned across North America and the United Kingdom, as well as
a global network of alliance partners, Exopack is an established leader in the development, manufacture, and
sourcing of plastic and paper flexible solutions for various consumer and industrial end-use markets. Exopack
Holding Corp. is an affiliate company of Sun Capital Partners, Inc. For more information, please visit
www.exopack.com or call (877) 447-3539.
About Sun Capital Partners, Inc.
Sun Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, eq