NASHVILLE, Tenn.--(BUSINESS WIRE)--Aug. 8, 2012--
Louisiana-Pacific Corporation (“LP”) (NYSE:LPX) announced today the
closing of its exchange offer pursuant to which it offered to exchange
up to $350,000,000 in aggregate principal amount of its 7.500% Senior
Notes due 2020 (the “New Notes”), which have been registered under the
Securities Act of 1933 (the “Act”), for an equal aggregate principal
amount of its unregistered outstanding 7.500% Senior Notes due 2020 (the
“Old Notes”).
The Old Notes were issued on May 21, 2012 in a transaction exempt from
registration under the Act. The terms of the New Notes are substantially
identical to the terms of the Old Notes, except that the New Notes have
been registered under the Act, are not subject to restrictions on
transfer, and do not entitle their holders to registration rights or
special interest. As of 5:00 p.m., New York City time, on August 7,
2012, which was the expiration time of the exchange offer, $350,000,000
in principal amount of the outstanding Old Notes, representing 100% of
the outstanding principal amount of the Old Notes, had been validly
tendered in exchange for an equal aggregate principal amount of the New
Notes.
This press release is for informational purposes only and is not an
offer to purchase any Old Notes or sell any New Notes, or a solicitation
of an offer to sell any Old Notes or purchase any New Notes. The
exchange offer was made only pursuant to a prospectus and letter of
transmittal that have been filed with the Securities and Exchange
Commission (the “SEC”) as part of Louisiana-Pacific Corporation's
Registration Statement on Form S-4 (File No. 333-182441). The
Registration Statement was declared effective by the SEC on July 10,
2012.
About LP
Louisiana-Pacific Corporation is a leading manufacturer of quality
engineered wood building materials including OSB, structural framing
products, and exterior siding for use in residential, industrial and
light commercial construction. From manufacturing facilities in the
U.S., Canada, Chile and Brazil, LP products are sold to builders and
homeowners through building materials distributors and dealers and
retail home centers. Founded in 1973, LP is headquartered in Nashville,
Tennessee and traded on the New York Stock Exchange under LPX.
Source: Louisiana-Pacific Corporation
Louisiana-Pacific Corporation
Media Relations:
Mary Cohn,
615-986-5886
or
Investor Relations:
Becky Barckley/Mike
Kinney, 615-986-5600
