TriMas Corporation Completes $250 Million Senior Secured Notes Offering
December 29 2009 - 1:00PM
PR Newswire (US)
BLOOMFIELD HILLS, Mich., Dec. 29 /PRNewswire-FirstCall/ -- TriMas
Corporation (NASDAQ:TRS) today announced the closing of its
previously announced private placement offering of $250 million
principal amount of 9 3/4% Senior Secured Notes due 2017 (the
"Senior Secured Notes"). The net proceeds of the offering, together
with other available cash, was used by TriMas Corporation to
purchase, redeem or otherwise retire all of its outstanding 9 7/8%
senior subordinated notes due 2012 and to pay fees and expenses
related to the Senior Secured Notes offering, tender costs and
expenses associated with the retirement of its outstanding 9 7/8%
senior subordinated notes. The Senior Secured Notes and the related
guarantees have not been, and will not be, registered under the
Securities Act of 1933 or the securities laws of any other place
and may not be offered or sold in the United States absent
registration or an applicable exemption there from. The Senior
Secured Notes were sold only to qualified institutional buyers
under Rule 144A and to persons outside the United States under
Regulation S. This press release does not constitute an offer to
sell or a solicitation of an offer to buy the Senior Secured Notes,
nor shall there be any offer, solicitation or sale of any Senior
Secured Notes in any jurisdiction in which such offer, solicitation
or sale would be unlawful. This notice is being issued pursuant to
and in accordance with rule 135(c) under the Securities Act.
CONTACT: Sherry Lauderback Vice President, Investor Relations &
Communications (248) 631-5506 DATASOURCE: TriMas Corporation
CONTACT: Sherry Lauderback, Vice President, Investor Relations
& Communications, of TriMas Corporation, +1-248-631-5506, Web
Site: http://www.trimascorp.com/
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