relating to its 8% Senior Subordinated Notes Due 2017 (the “Notes”) (CUSIP No. 880779AU7; ISIN No. US880779AU73). Launched on May 24, 2010, the purpose of the Consent Solicitation was to obtain the necessary consents for a waiver of the Limitation on Sales of Assets and Subsidiary Stock covenant in the indenture governing the Notes in advance of any potential obligation to make an offer to repurchase the Notes with the proceeds from the Company’s previously announced disposition of its mining equipment business to Bucyrus International, Inc. The Consent Solicitation expired June 4, 2010 at 5:00 p.m., New York City time.
As of the expiration time of the Consent Solicitation, the Company had received the consent of holders representing a majority in aggregate principal amount of the Notes outstanding. Therefore, the waiver sought by the Company was approved.
Terex is focused on producing quality capital equipment that delivers the productivity, return on investment and cost-effectiveness that today’s value-conscious customers demand. Terex markets more than 50 diverse and well-respected brands, which cover a broad range of equipment for the construction, infrastructure, quarrying, recycling, surface mining, shipping, transportation, refining, utility, and maintenance industries.
For more information visit :
http://www.terex.com Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) (“Dejour”), a high growth oil and natural gas company operating multiple exploration and production projects in Northeastern British Columbia and Western Colorado, today announces record crude oil and natural gas output in May from the Company’s Woodrush Project located in the Peace River Arch in British Columbia, Canada.
Gross project oil and gas production for the month of May was 31,580 barrels of oil equivalent (BOE), a 332% improvement over the average gross monthly production of 9500 BOE during Q1-2010.
Dejour Enterprises Ltd. is a high growth oil and natural gas company operating multiple exploration and production projects in North America’s Piceance / Uinta Basin (109,000 net acres) and Peace River Arch regions (20,000 net acres). Dejour’s veteran management team has consistently been among early identifiers of premium energy assets, repeatedly timing investments and transactions to realize their value to shareholders’ best advantage.
To learn more please go to
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