|
NCO Group, Inc. Announces Commencement of Exchange Offer for its $165.0 Million of Floating Rate Senior Notes Due 2013 and $200.0 Million of 11.875% Senior Subordinated Notes Due 2014
HORSHAM, PA, 07/18/2007
- NCO Group, Inc. (“NCO” or the “Company”), a leading provider of business
process outsourcing services, announced today that it has commenced an offer to
the holders of its Floating Rate Senior Notes due 2013 (CUSIP No. 144A: 628858
AE 2, ISIN No. 144A: US628858AE21) and its 11.875% Senior Subordinated Notes due
2014 (CUSIP No. 144A: 628858 AF 9, ISIN No. 144A: US628858AF95; CUSIP No. Reg.
S: U6376M AC 5, ISIN No. Reg. S: USU6376MAC56) (collectively, the “Outstanding
Notes”) to exchange the Outstanding Notes for like principal amount of its
$165.0 million principal amount Floating Rate Senior Notes due 2013 and its
$200.0 million principal amount 11.875% Senior Subordinated Notes due 2014,
which have been registered under the Securities Act of 1933, as amended
(collectively, the “Exchange Notes”). The Outstanding Notes were sold in a
private placement by the Company, which was completed in November 2006. The
Company was required to carry out the Exchange Offer under the terms of
agreements entered into in the private placement.
The Exchange Offer is scheduled to expire at 5:00 p.m., New York City time,
on August 15, 2007, unless extended by the Company. The exchange agent for the
exchange offer is The Bank of New York.
This press release is for informational purposes only and is not intended to
serve as a solicitation to buy securities or an offer to sell securities. The
Exchange Offer is being made, and the Exchange Notes are being offered, solely
pursuant to the Prospectus dated July 17, 2007 and the related Letter of
Transmittal which more fully set forth the terms of the Exchange Offer. You
should rely only on the information contained in the Prospectus. The Company has
not authorized any person to provide information other than as set forth in the
Prospectus. Holders of the Outstanding Notes may obtain further information by
calling The Bank of New York at 212-815-5098, or by facsimile at 212-298-1915.
About NCO Group, Inc.
NCO Group, Inc. is a global provider of business process outsourcing
services, primarily focused on accounts receivable management and customer
relationship management. NCO provides services through over 100 offices in the
United States, Canada, the United Kingdom, Australia, India, the Philippines,
the Caribbean and Panama.
For further information contact:
NCO Investor
Relations
(215) 441-3000
|
