Advanced Medical Optics, Inc. (AMO) [NYSE:EYE], announced today that, in
connection with its previously announced cash tender offer for its
outstanding 7½% Senior Subordinated Notes due 2017 (the “Notes”) (CUSIP
No. 00763MAN8, ISIN No. US00763MAN83) and the related consent
solicitation to amend the indenture governing the Notes, it has amended
the offer to increase the Total Consideration and extend the Consent
Deadline (as such terms are defined in the Offer to Purchase and Consent
Solicitation Statement dated Jan. 27, 2009 (the “Offer to Purchase”) and
the related Letter of Transmittal and Consent).
The expiration time of the tender offer remains midnight EST on Tuesday,
Feb. 24, 2009, unless extended or earlier terminated (the “Expiration
Time”). The new Consent Deadline is midnight EST on Feb. 24,
2009, the same time as the Expiration Time, unless further extended or
earlier terminated.
The Total Consideration to be paid for Notes that are validly tendered
and not validly withdrawn at or prior to the Expiration Time has been
increased to $1,155.00 for each $1,000 in principal amount of
Notes, plus accrued and unpaid interest to, but not including, the
settlement date. The Total Consideration, as amended, includes a consent
payment of $30.00 for each $1,000 principal amount of the Notes to
holders who validly tender and do not validly withdraw their Notes and
provide their consents to the proposed amendments to the indenture
governing the Notes at or prior to the Expiration Time.
Holders who have previously validly tendered Notes do not need to
re-tender their Notes or take any other action in response to this
amendment to be eligible to receive the increased Total Consideration.
Except for the amendment to the Total Consideration and the extension of
the Consent Deadline as described above, the Offer to Purchase and the
related Letter of Transmittal and Consent remain in full force and
effect.
By 9 a.m. EST on the business day following the Expiration Time (the
“Acceptance Date”), the Company will accept for payment any and all
Notes validly tendered and not withdrawn prior to the Expiration Time,
subject to the terms and conditions of the tender offer and the consent
solicitation.