| Boise Inc. Announces Proposed $300 Million Debt Offering |
| News - Financial News |
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--(www.FinancialNewsUSA.com)-- 10/19/2009 - IPOs industry news provided by Financial News USA. BOISE, Idaho, Oct. 16 /PRNewswire-FirstCall/ -- Boise Inc. (NYSE: BZ), a leading manufacturer of packaging products and papers, announced today that Boise Paper Holdings, L.L.C. ("Boise Paper Holdings") and Boise Finance Company, wholly owned subsidiaries of Boise Inc. ("Boise"), are proposing to jointly issue $300 million aggregate principal amount of senior unsecured notes due 2017 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Boise intends to use the net proceeds from this offering to retire a portion of the existing term loan indebtedness under Boise Paper Holdings' senior secured credit facilities, repurchase Boise's unsecured subordinated promissory notes, and pay related fees and expenses. The Notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and, outside the United States, only to non-U.S. [Read the full article] BALTIMORE, Oct. 16 /PRNewswire-FirstCall/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has priced its previously announced private offering of senior secured second lien notes (the "Notes") due 2017. The offering was upsized to $500.0 million from the original $430.0 million. The Notes were priced at 97.264% of their par value and will bear interest at a rate of 9.25% per annum payable semi-annually on May 1 and November 1, commencing on May 1, 2010. [Read the full article] HALIFAX, Canada, October 16 /PRNewswire-FirstCall/ -- Gammon Gold Inc. ("Gammon") (NYSE:GRS) announced today that it has filed a final short form prospectus in all of the provinces and territories of Canada and that a registration statement has become effective in the United States in relation to a US$100 million bought deal financing (the "Offering") that was previously announced on October 7, 2009. The net proceeds of the Offering will be used to fund an expanded operations exploration program, the advancement of the Guadalupe y Calvo project, debt repayment and general corporate purposes. The Offering is expected to close on or about October 22, 2009 and is subject to Gammon receiving all necessary regulatory approvals. [Read the full article] NORFOLK, Va., Oct. 16 /PRNewswire-FirstCall/ -- Norfolk Southern Corporation (NYSE: NSC) announced that it has extended the expiration date of its offer to exchange up to $500,000,000 aggregate principal amount of its 5.75% Senior Notes due 2016 (the "Exchange Notes") registered under the Securities Act of 1933, as amended, for an equal amount of its privately placed 5.75% Senior Notes due 2016 (the "Original Notes"). The exchange offer, which was scheduled to expire at 12:00 midnight, Eastern time, on Oct. 16, 2009, will now expire at 12:00 midnight, Eastern time, on Nov. 4, 2009, unless further extended, to allow holders of the outstanding Original Notes additional time to tender in the exchange offer. Except for the extension of the expiration date, the terms of the exchange offer remain as set forth in the prospectus dated Sept. 16, 2009. Copies of the prospectus can be obtained from U.S. [Read the full article] About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com. 
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