Cardtronics Delivers Notice of Redemption for Outstanding 9.25% Senior Subordinated Notes -- Series A Due 2013
August 26 2010 - 12:53PM
Cardtronics, Inc. (Nasdaq:CATM), the world's largest non-bank owner
of ATMs, announced today that it has initiated a full redemption
for the outstanding balance of its 9.25% Senior Subordinated Notes
-- Series A due 2013 (the "Series A Notes"). The Series A Notes
will be redeemed on September 27, 2010, at a redemption price of
102.313% of the principal amount thereof, plus accrued and unpaid
interest to September 27, 2010. The Notice of Redemption for the
Series A Notes was sent to all registered holders on August 26,
2010.
The redemption of the Series A Notes will be funded
by proceeds from the Company's public offering of $200 million of
8.25% senior subordinated notes due 2018, which closed today.
This press release shall not constitute a notice of
redemption of the Series A Notes.
ABOUT CARDTRONICS
Cardtronics, headquartered in Houston, Texas, provides automated
consumer financial services through its network of ATMs and
multi-function financial services kiosks throughout the United
States, the United Kingdom and Mexico.
The Cardtronics logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=991
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
Certain statements in this press release are forward-looking and
are based upon Cardtronics' current belief as to the outcome and
timing of future events. All statements, other than statements of
historical facts, that address activities that Cardtronics plans,
expects, believes, projects, estimates or anticipates will, should
or may occur in the future, including future capital expenditures
and future financial or operating results, are forward-looking
statements. Important factors that could cause actual results to
differ materially from those in the forward-looking statements
herein include the timing and extent of changes in operating risks,
liquidity risks, legislative developments and other risk factors
and known trends and uncertainties as described in Cardtronics'
Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as
filed with the SEC. Should one or more of these risks or
uncertainties occur, or should underlying assumptions prove
incorrect, Cardtronics' actual results and plans could differ
materially from those expressed in the forward-looking statements.
Cardtronics undertakes no obligation to update or revise
forward-looking statements to reflect changed assumptions, the
occurrence of unanticipated events or changes to future operating
results over time.
CONTACT: Cardtronics, Inc.
Investors:
Tres Thompson, Chief Accounting Officer
832-308-4137
tthompson@cardtronics.com
Media:
Joel Antonini, Vice President - Marketing
832-308-4131
joel.antonini@cardtronics.com
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