Ducommun Announces Completion of Redemption of All Outstanding 9.75% Senior Notes Due 2018
July 28 2015 - 7:00AM
Business Wire
Ducommun Incorporated (NYSE: DCO) (“Ducommun” or the “Company”)
today announced that it has completed the previously announced
redemption of all amounts outstanding under its $200 million
aggregate principal amount of 9.75% senior unsecured notes due 2018
(the “Notes”). The Notes were redeemed at a 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 July 27, 2015
redemption date.
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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version on businesswire.com: http://www.businesswire.com/news/home/20150728005120/en/
Joseph P. Bellino, Vice President and Chief Financial Officer,
310.513.7211Chris Witty, Investor Relations, 646.438.9385,
cwitty@darrowir.com
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