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The Senior PIK Toggle Notes (the "Notes") being offered by ACL I Corp in the Notes Offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Notes are being offered only to qualified institutional buyers under Rule 144A and outside the United States in compliance with Regulation S under the Securities Act. The net proceeds of the Notes Offering are intended to be used to pay a special dividend to the Company's stockholders to redeem equity advanced by such stockholders in connection with the acquisition of the Company by certain affiliates of Platinum Equity, LLC and to pay certain costs and expenses related to the Notes Offering. This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any security. No offer, solicitation or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. American Commercial Lines Inc. |
American Commercial Lines Inc. Announces