Cott Announces Notice of Intent to Partially Redeem 8.375% Senior Notes Due 2017
01 October 2013 - 7:01AM
Marketwired
Cott Corporation ("Cott") (NYSE: COT) (TSX: BCB) today announced
that its wholly owned subsidiary, Cott Beverages Inc., gave notice
to Wells Fargo Bank, National Association ("Wells Fargo"), the
trustee under the indenture governing the 8.375% Senior Notes due
2017 (the "Notes"), of its intent to redeem $200.0 million
aggregate principal amount of the currently outstanding $215.0
million aggregate principal amount of Notes at 104.118% of par. The
redemption price of the Notes will include the outstanding
principal amount of the Notes, plus interest up to the date of
redemption, in accordance with the provisions of the indenture
governing the Notes. The redemption date will be November 15, 2013.
Cott Beverages Inc. has instructed Wells Fargo to send a notice
of partial redemption in the name of Cott Beverages Inc., which
contains additional information concerning the terms and conditions
of the redemption, to all currently registered holders of the
Notes.
This press release is for informational purposes only and shall
not constitute an offer to purchase the Notes or any other
securities.
About Cott Corporation Cott is one of the
world's largest producers of beverages on behalf of retailers,
brand owners and distributors. Cott produces multiple types of
beverages in a variety of packaging formats and sizes, including
carbonated soft drinks, 100% shelf stable juice and juice-based
products, clear, still and sparkling flavored waters, energy
products, sports products, new age beverages, and ready-to-drink
teas, as well as alcoholic beverages for brand owners. Cott's large
manufacturing footprint, substantial research and development
capability and high-level of quality and customer service enables
Cott to offer its customers a strong value-added proposition of low
cost, high quality products. With approximately 4,000 employees,
Cott operates manufacturing facilities in the United States,
Canada, the United Kingdom and Mexico. Cott also develops and
manufactures beverage concentrates, which it exports to over 50
countries around the world.
Website: www.cott.com
CONTACT: Rob Meyer Investor Relations Tel: (813) 313-1777
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