Belden Inc. (NYSE:BDC) Files An 8-K Regulation FD DisclosureItem 7.01.
On September18, 2017, Belden Inc. (“Belden”) announced the results of its cash tender offer to purchase up to €300million (the “Maximum Amount”) of its outstanding 5.5% senior subordinated notes due 2023 (the “2023 Notes”) at a price of 105.800% of their face amount, plus accrued and unpaid interest to the settlement date for the tender offer. As of the expiration of the tender offer, Belden had received tenders of 2023 Notes in excess of the Maximum Amount, and as a result, Belden will accept 2023 Notes for repurchase on a prorated basis such that the Maximum Amount of 2023 Notes will be accepted for repurchase. The tender offer is expected to settle on September19, 2017. Belden will fund the consideration for the tender offer with the net proceeds of its previously announced offering of senior subordinated notes due 2025, which is expected to close on September19, 2017, subject to customary closing conditions, and cash on hand.
The information in this Item 7.01 shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise be subject to the liabilities of that Section or Section11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 shall not be incorporated by reference into any filing with the U.S. Securities and Exchange Commission made by Belden, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
About Belden Inc. (NYSE:BDC)
Belden Inc. (Belden) is a signal transmission solutions provider. The Company’s portfolio of signal transmission solutions provides transmission of data, sound and video for mission critical applications. The Company’s segments include Broadcast Solutions, Enterprise Connectivity Solutions, Industrial Connectivity Solutions, Industrial IT Solutions and Network Security Solutions. The Company sells its products to distributors, end users, installers and directly to original equipment manufacturers (OEMs). The Company operates in the United States, Canada, China and Germany. Its brands include Belden, Alpha Wire, Mohawk, West Penn Wire, Hirschmann, Lumberg Automation, SignalTight, GarrettCom, Poliron, Tofino, PPC, Grass Valley, ProSoft Technology and Tripwire.
