CB Richard Ellis Group, Inc. Announces Offering of $400 Million of Senior Subordinated Notes (Business Wire)
Wed, 10 Jun 2009 10:17:00 Etc/GM
The Company intends to use the net proceeds from any such placement to repay or repurchase of some of its outstanding indebtedness and for general corporate purposes.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes nor shall there be any sale of the Notes in any state in which such offer, solicitation or sale would be unlawful. The Notes to be offered have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws, and may not be offered or sold in the United States absent registration or pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
“Safe Harbor” Statement Under the Private Securities Litigation
Reform Act of 1995:
This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act and
Section 21E of the Securities Exchange Act of 1934, as amended. These
forward-looking statements include, but are not limited to, statements
related to the proposed offering of the Notes and the anticipated use of
proceeds therefrom. These forward-looking statements involve known and
unknown risks, uncertainties and other factors discussed in CB Richard
Ellis Group, Inc.’s filings with the Securities and Exchange Commission
(the “SEC”). Any forward-looking statements speak only as of the date of
this press release and, except to the extent required by applicable
securities laws, CB Richard Ellis Group, Inc. expressly disclaims any
obligation to update or revise any of them to reflect actual results,
any changes in expectations or any change in events. If CB Richard Ellis
Group, Inc. does update one or more forward-looking statements, no
inference should be drawn that it will make additional updates with
respect to those or other forward-looking statements. For additional
information concerning risks, uncertainties and other factors that may
cause actual results to differ from those anticipated in the
forward-looking statements, and risks to CB Richard Ellis Group Inc.’s
business in general, please refer to its SEC filings, including its
Annual Report on Form 10-K for the fiscal year ended December 31, 2008
and its Quarterly Report on Form 10-Q for the quarter ended March 31,
2009.
Contact:
CB Richard Ellis Group, Inc. Robert Sulentic, Chief Financial Officer 310-405-8905 or Nick Kormeluk, Investor Relations 949-809-4308 or Steve Iaco, Corporate Communications 212-984-6535 www.cbre.com
source: http://biz.yahoo.com/bw/090610/20090610005482.html?.v=1