News Releases

Lexmark announces results of change of control offer for its Senior Notes due 2020

Jan 24, 2017

LEXINGTON, Ky., Jan. 24, 2017 /PRNewswire/ -- Lexmark International, Inc. announced today the final results and settlement of its offer to repurchase for cash any and all of its outstanding Senior Notes due 2020 (the Notes). The company had previously offered to repurchase for cash all aggregate principal amount of the outstanding Notes at a purchase price equal to 101.000 percent of the principal amount of such Notes plus accrued and unpaid interest up to, but not including, the date of payment, on the terms and subject to the conditions set forth in the Change of Control Notice and Offer to Purchase and accompanying Letter of Transmittal dated Dec. 13, 2016. 

The offer expired at 5 p.m., New York City time, on Thursday, Jan. 12, 2017, with $59,105,000 in aggregate principal amount of Notes validly tendered and not validly withdrawn. All such Notes have been accepted by Lexmark for purchase and payment for the Notes was made on Jan. 23, 2017. After giving effect to the purchase of the tendered Notes, an aggregate principal amount of $340,895,000 of the Notes remain outstanding.

This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any Notes. All questions regarding the offer should be directed to D.F. King & Co., Inc., the information agent and tender agent for the offer, at 800-628-8532 (toll-free) or 212-269-5550, or by email at lexmark@dfking.com.

About Lexmark

For the past 25 years, Lexmark International, Inc. has produced innovative printing and imaging products, software, business process solutions and services for customers in over 170 countries across the globe. Each of Lexmark's 13,000 employees is driven to make every client a "customer for life" through the company's industry-leading technology and world-class customer service. In 2015, Lexmark reported more than $3.5 billion in revenue.

SOURCE Lexmark International, Inc.

For further information: Sherlyn Manson, (816) 863-0532, Sherlyn.manson@lexmark.com


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