Novelis Inc. Increases Total Consideration for Tender Offer and Consent Solicitation for its 11.50% Senior Notes Due 2015
Novelis Inc. announced today that it has increased the Total Consideration in its previously announced tender offer and consent solicitation for its 11.50% Senior Notes Due 2015 (the “11.50% Notes”) to $1,258.50 for each $1,000 principal amount of 11.50% Notes validly tendered and not validly withdrawn and accepted for purchase pursuant to the tender offer at or prior to 5:00 p.m., New York City time, on Wednesday, December 8, 2010, unless extended or earlier terminated by Novelis (such time and date, as the same may be extended or earlier terminated, the “Consent Deadline”).