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Advanstar declares extension of tender offer expiration date

21 May '07
3 min read

If all conditions to the tender offer and consent solicitation are satisfied, holders of the Notes who validly tendered their Notes pursuant to the tender offer and validly delivered their consents pursuant to the consent solicitation by the Consent Date and did not validly withdraw their Notes or revoke their consents by such date, will be paid a consideration of $1,057.53, for each $1,000 principal amount outstanding of Senior Secured Notes, $1,013.50 for each $1,000 principal amount outstanding of Senior Subordinated Notes and $1,012.50 for each $1,000 principal amount outstanding of Debentures, in each case, in addition to a consent payment of $30 per $1,000 outstanding principal amount of Notes tendered and accepted in the tender offers.

Holders who validly tender their Notes after the Consent Date will not receive the consent payment. In addition, holders who validly tender and do not validly withdraw their Notes in the tender offer will receive accrued and unpaid interest from the last interest payment date up to, but not including, the applicable date of payment.

Credit Suisse Securities (USA) LLC is the exclusive Dealer Manager and Solicitation Agent for the tender offers and consent solicitations.

Questions regarding the tender offers and consent solicitations may be directed to Credit Suisse Securities (USA) LLC's Liability Management Group.

Requests for the Statement, Consent and Letter of Transmittal or other documents related to the tender offers and solicitations may be directed to the Information Agent, D.F. King & Co. Inc.

Advanstar Communications Inc

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