Libbey: expiration of exchange offer for senior secured notes

Libbey has announced the expiration of the previously announced exchange offer by its wholly owned subsidiary, Libbey Glass. In the exchange offer, USD 450,000,000 aggregate principal amount of Original Notes were validly tendered and not validly withdrawn prior to the expiration, which represents 100% of the aggregate principal amount of Original Notes outstanding upon commencement of the exchange offer.

Libbey Inc. announced, on 10 December, the expiration of the previously announced exchange offer by its wholly owned subsidiary, Libbey Glass Inc. Pursuant to the exchange offer, Libbey Glass Inc. offered to exchange any and all of its outstanding USD 450,000,000 aggregate principal amount of 6.875% Senior Secured Notes due 2020 (the “Original Notes”) for an equal principal amount of a new issue of 6.875% Senior Secured Notes due 2020, which have been registered under the Securities Act of 1933, as amended (the “Securities Act”) pursuant to an effective registration statement on Form S-4 filed with the Securities and Exchange Commission (the “New Notes”). The Original Notes were issued on 18 May 2012, in a private placement pursuant to Rule 144A and Regulation S under the Securities Act.
In the exchange offer, USD 450,000,000 aggregate principal amount of Original Notes were validly tendered and not validly withdrawn prior to the expiration, which represents 100% of the aggregate principal amount of Original Notes outstanding upon commencement of the exchange offer. Libbey Glass Inc. has accepted for exchange all of the Original Notes validly tendered and not validly withdrawn and settlement will occur promptly.