GOTHENBURG, Feb. 18 -- PRNewswire/AsiaNet
Stena AB (publ) has extended its offer to the holders of $175 million principal amount of its 7.5% senior notes due 2013 to exchange such notes for a like principal amount of its 7.5% senior notes due 2013, which have been registered under the Securities Act of 1933, as amended.
The exchange offer, originally scheduled to expire on February 17, 2004 at 5:00 p.m., New York City time, will now expire at 5:00 p.m., New York City time, on February 23, 2004, unless further extended by Stena AB (publ). All other terms, provisions and conditions of the exchange offer will remain in full force and effect. JPMorgan Chase Bank has been appointed as exchange agent for the exchange offer. Requests for assistance or documents should be directed to JPMorgan Chase Bank at (800) 275-2048.
Stena AB (publ) said it has been informed by the exchange agent that, as of 5:00 p.m., New York City time, on February 17, 2004, approximately $172.3 million aggregate principal amount of its 7.5% senior notes due 2013 had been tendered in the exchange offer. This amount represents approximately 98.46% of the outstanding 7.5% senior notes due on 2013.
This notice shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there by any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
SOURCE: Stena AB
CONTACT: Media: Martin Drotz,
+011-46-31-85-5000,
for Stena AB (publ)
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