Brightstar Corp. Announces Private Placement of Senior Notes
MIAMI, Nov. 15, 2010 /PRNewswire/ -- Brightstar Corp. today announced its intention to launch a private placement of $250 million of senior notes due 2016. The proceeds of the offering will be used to repay certain outstanding debt under Brightstar's asset-backed credit facility.
The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.
About Brightstar Corp.
Brightstar is a multi-billion dollar global services company providing solutions to Manufacturers, Operators, Retailers, and Enterprises serving the telecommunications industry. With sales and distribution facilities on six continents, Brightstar offers its customers the largest global reach, enabling the right product to be in the right place, at the right time. For more information on Brightstar, please visit www.brightstarcorp.com.
For more information, contact: |
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Brightstar Corp. |
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Michele M. Merrell |
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Tel: +1.305.921.1484 |
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SOURCE Brightstar Corp.
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