Polypore Announces Completion of Exchange Offer
December 17 2004 - 8:57AM
PR Newswire (US)
Polypore Announces Completion of Exchange Offer CHARLOTTE, N.C.,
Dec. 17 /PRNewswire-FirstCall/ -- Polypore, Inc. announced the
successful completion of its previously announced offer to exchange
(the "Exchange Offer") an aggregate principal amount of up to
$225,000,000 newly issued 8-3/4% Senior Subordinated Dollar Notes
due 2012, which are registered under the Securities Act of 1933, as
amended (the "Securities Act"), for like principal amount of its
issued and outstanding privately placed 8-3/4% Senior Subordinated
Dollar Notes due 2012, and an aggregate principal amount of up to
euro 150,000,000 newly issued 8-3/4% Senior Subordinated Euro Notes
due 2012, which are registered under the Securities Act, for a like
principal amount of its issued and outstanding privately placed
8-3/4% Senior Subordinated Euro Notes due 2012. The Exchange Offer
expired by its terms at 5:00 p.m. (EST) on December 13, 2004.
Polypore, Inc., a wholly owned subsidiary of Polypore
International, Inc., is a growing worldwide developer, manufacturer
and marketer of highly specialized polymer-based membranes used in
separation and filtration processes. Polypore's products and
technologies target specialized applications and markets that
require the removal or separation of various materials from
liquids, with concentration in the ultrafiltration and
microfiltration markets. Truly a global provider, Polypore has
manufacturing facilities or sales offices in ten countries serving
five continents. Polypore's corporate offices are located in
Charlotte, NC. This announcement does not constitute and offer to
sell or buy any security or a solicitation of any offer to buy
securities. The Exchange Offer was made by means of a Prospectus,
dated November 3, 2004, and a Prospectus Supplement, dated November
16, 2004, filed with the Securities and Exchange Commission on Form
S-4. Contacts Lynn Amos 704.587.8409 Mark Hadley 704.587.8886
DATASOURCE: Polypore, Inc. CONTACT: Lynn Amos, +1-704-587-8409, or
Mark Hadley, +1-704-587-8886, both of Polypore, Inc. Web site:
http://www.polypore.net/
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