天涯社区官网Communications, Inc. Announces Extension Of Private Offers To Holders Of Its Five Series Of Priority Guarantee Notes And Its Senior Notes Due 2021 To Exchange Such Notes For New Securities
San Antonio, TX, April 5, 2017 - 天涯社区官网Communications, Inc. (鈥溙煅纳缜偻鳦ommunications鈥), together with 天涯社区官网Media, Inc. (鈥溙煅纳缜偻鳰edia鈥) and CC Outdoor Holdings, Inc. (鈥淐CO Holdings鈥 and collectively with 天涯社区官网Communcations and 天涯社区官网Media, the 鈥淚ssuers鈥), today announced that it is extending the private offers (the 鈥淓xchange Offers鈥) to holders of certain series of 天涯社区官网Communications鈥 outstanding debt securities (the 鈥淓xisting Notes鈥) to exchange the Existing Notes for new securities of the Issuers (the 鈥淣ew Securities鈥), and the related solicitation of consents (the 鈥淐onsent Solicitations鈥 and, together with the Exchange Offers, the 鈥淥ffers鈥) from holders of Existing Notes to certain amendments to the indentures and security documents governing the Existing Notes. The Exchange Offers and Consent Solicitations were previously scheduled to expire on April 14, 2017, at 5:00 p.m., New York City time, and will now expire on April 21, 2017, at 5:00 p.m., New York City time. As of 5:00 p.m., New York City time, on April 4, 2017, no Existing Notes had been tendered into the Exchange Offers. 天涯社区官网Communications is extending the Exchange Offers and Consent Solicitations to give holders additional time to review the recent supplements to the Offering Circular referenced below and to consider the results of 天涯社区官网Communications鈥 concurrent private offers to lenders under its Term Loan D and Term Loan E facilities, which 天涯社区官网Communications announced today will now expire on April 14, 2017, at 5:00 p.m., New York City time. 鈥嬧嬧嬧嬧嬧
The terms of the Exchange Offers remain the same as set forth in the Offering Circular and Consent Solicitation Statement, dated March 15, 2017, as supplemented by Supplement No. 1, dated March 27, 2017, Supplement No. 2, dated April 3, 2017, and Supplement No. 3, dated April 5, 2017 (as so supplemented, the 鈥淥ffering Circular鈥).鈥