Transamerica Finance Corporation Extends Period for Consent Solicitation of Certain Series of Debt Securities
December 23 2003 - 9:40PM
PR Newswire (US)
Transamerica Finance Corporation Extends Period for Consent
Solicitation of Certain Series of Debt Securities HOFFMAN ESTATES,
Ill., Dec. 23 /PRNewswire-FirstCall/ -- Transamerica Finance
Corporation ("TFC" or the "Company") announced today that it is
extending until 5:00 p.m. New York City time, on December 29, 2003,
the expiration date of its pending consent solicitation to amend
certain terms and to waive certain rights of the holders under the
indentures governing the debt securities with respect to the series
listed in the attachment to this release. The extension is intended
to give holders adequate time during the holiday period to consider
the proposed amendments. The requisite number of consents have been
submitted by holders of the other series of debt securities subject
to the consent solicitation (which consents are irrevocable) and
TFC is certifying these consents to the indenture trustees. AEGON
N.V. (NYSE:AEG-News), the indirect parent company of TFC, will
fully and unconditionally guarantee the due and punctual payment of
the principal of and interest on the debt securities subject to the
consent solicitation, if and only if the requisite consents are
received and other conditions satisfied as set forth in the
prospectus supplement and consent solicitation statement described
below. The consent solicitation is subject to the terms and
conditions contained in the prospectus supplement and consent
solicitation statement dated November 18, 2003. Subject to the
extension of the expiration date noted above, all of the terms and
conditions of the consent solicitation described in the prospectus
supplement and consent solicitation statement remain in full force
and effect. Holders of the debt securities for which the expiration
date of the consent solicitation has been extended may obtain
additional copies of the prospectus supplement and consent
solicitation statement and related materials from the Information
Agent, Georgeson Shareholder Communications, Inc., 17 State Street,
10th Floor, New York, New York 10004, by calling (866) 295-8149
(toll free) or (212) 440-9800 (call collect). UBS Securities LLC
("UBS") is acting as the Solicitation Agent. Holders with questions
about the consent solicitation may contact UBS's Liability
Management Group by calling (203) 719-4210 (call collect) or (888)
722-9555 x4210 (toll free). This announcement does not constitute
an offer to sell or the solicitation of an offer to buy any
securities, nor shall there be any sale of such securities in any
state in which such offer, solicitation, or sale is not permitted.
Such offer is only made by the prospectus supplement and consent
solicitation statement and accompanying prospectus which have been
filed with the Securities and Exchange Commission. Transamerica
Finance Corporation Attachment to Press Release dated December 23,
2003 Issue CUSIP # Zero Coupon Debentures due September 1, 2007
893502 AM 6 Zero Coupon Debentures due March 1, 2010 893502 AN 4
DATASOURCE: Transamerica Finance Corporation CONTACT: UBS Liability
Management Group - +1-203-719-4210 (call collect) or 1-888-722-9555
x4210 (toll free)
Copyright