Ducommun Calls All Outstanding 9.75% Senior Notes Due 2018
June 29 2015 - 7:03AM
Business Wire
Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”)
today announced that it has called for redemption all of its
outstanding $200 million aggregate principal amount of 9.75% senior
unsecured notes due 2018 (the “Notes”). The Notes will be redeemed
at a redemption price equal to $104.875% of each $1,000 principal
amount of the Notes, together with any accrued and unpaid interest
up to, but excluding, the redemption date, which has been set for
July 27, 2015.
About Ducommun Incorporated
Founded in 1849, Ducommun Incorporated provides engineering and
manufacturing services to the aerospace, defense, and other
industries through a wide spectrum of electronic and structural
applications. The company is an established supplier of critical
components and assemblies for commercial aircraft and military and
space vehicles as well as for the energy market, medical field, and
industrial automation. It operates through two primary business
units – Ducommun AeroStructures (DAS) and Ducommun LaBarge
Technologies (DLT). Additional information can be found at
www.ducommun.com.
Statements contained in this press release regarding other than
recitation of historical facts are forward-looking statements.
These statements are identified by words such as “may,” “will,”
“begin,” “look forward,” “expect,” “believe,” “intend,”
“anticipate,” “should,” “potential,” “estimate,” “continue,”
“momentum” and other words referring to events to occur in the
future. These statements reflect the Company’s current view of
future events and are based on its assessment of, and are subject
to, a variety of risks and uncertainties beyond its control,
including, but not limited to, the state of the world financial,
credit, commodities and stock markets, and uncertainties regarding
the Company, its businesses and the industries in which it
operates, which are described in the Company’s filings with the
Securities and Exchange Commission. The Company is under no
obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements whether as a result
of new information, future events or otherwise.
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Ducommun IncorporatedJoseph P. Bellino, Vice President and Chief
Financial Officer310.513.7211orChris Witty, Investor
Relations646.438.9385cwitty@darrowir.com
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