October 12, 2011 - Aleris International, Inc. (the "Company") today announced the extension of its offer to exchange up to $500,000,000 of its outstanding 7 5/8% Senior Notes due 2018 for up to $500,000,000 of its new 7 5/8% Senior Notes due 2018 that have been registered under the Securities Act of 1933, as amended. The exchange offer is now scheduled to expire at 5:00 p.m., New York City time on October 13, 2011, unless further extended by the Company. As of 5:00 p.m., New York City time, on October 12, 2011, approximately $498,417,000 in principal amount of the outstanding 7 5/8% Senior Notes due 2018 had been tendered in the exchange offer.
The exchange offer was originally set to expire at 5:00 p.m., New York City time on October 12, 2011. Except for the extension of the expiration date, all of the terms of the exchange offer remain as set forth in the exchange offer prospectus.
U.S. Bank National Association, the trustee under the indenture governing the Notes, is serving as the exchange agent in connection with the exchange offer. Persons with questions regarding the exchange offer should contact U.S. Bank National Association at (800) 934-6802. Requests for documents relating to the exchange offer should be directed to U.S. Bank National Association.
This news release does not constitute an offer to sell or the solicitation of an offer to buy securities. The exchange offer is being made only pursuant to a prospectus and the related letter of transmittal and only to such persons and in such jurisdictions as is permitted under applicable law.
About Aleris
Aleris is a privately-held, global leader in aluminum rolled products and extrusions, aluminum recycling and specification alloy production. Headquartered in Beachwood, Ohio, the company operates more than 40 production facilities in North America, Europe and Asia.