Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

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Subsequent Event
3 Months Ended
Mar. 31, 2012
Subsequent Event [Abstract]  
Subsequent Event
14. Subsequent Event

Pursuant to an Offering Memorandum dated April 11, 2012, we issued an additional $125.0 million aggregate principal amount of our existing 9.125% Notes. The notes were priced at 104.0% of par, resulting in gross proceeds of $130.0 million and a yield to maturity of 8.256%. The offering closed on April 25, 2012.

Also on April 11, 2012, the Company commenced an any and all cash tender offer for its $125.0 million aggregate principal amount of its outstanding 2.125% Notes. The tender offer will expire at midnight, Eastern Standard time, on May 8, 2012, unless extended or earlier terminated by the Company. Holders of 2.125% Notes who validly tender will receive $1,003.27 for each $1,000 principal amount of 2.125% Notes purchased in the tender offer, plus accrued and unpaid interest to, but not including, the settlement date.

On April 9, 2012, the Company entered into the Fourth Amendment to the Credit Agreement dated as of May 15, 2008 among the Company, the lenders party thereto and Bank of America N.A., as administrative agent. Pursuant to the Fourth Amendment, the Credit Agreement was amended to clarify the definition of permitted refinancing indebtedness under the Credit Agreement which allowed for the transactions described above to commence.