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| LPX > SEC Filings for LPX > Form 8-K on 29-Sep-2009 | All Recent SEC Filings |
29-Sep-2009
Other Events, Financial Statements and Exhibits
On September 29, 2009, Louisiana-Pacific Corporation (the "Company") announced the closing of its previously announced public offering of 20.7 million shares of common stock of the Company (the "Offering"). The Company received approximately $132 million of net proceeds from the Offering. The press release relating to the announcement is filed as Exhibit 99.1 hereto.
Also on September 29, 2009, after the closing of the Offering, the Company instructed The Bank of New York Mellon Trust Company, N.A., the trustee under the indenture dated March 10, 2009 (the "Indenture") governing the Company's 13% Senior Secured Notes due 2017 (the "Notes"), to deliver on September 30, 2009, to the holders of the Notes notice of redemption of $131.25 million principal amount at maturity of the Notes pursuant to Section 3.7(b) of the Indenture, which permits the Company to use the net proceeds of the Offering to redeem up to 35% of the aggregate principal amount at maturity of outstanding Notes, subject to certain conditions that have been satisfied, at a price of 113% of the Accreted Value (as defined in the Indenture) of the Notes being redeemed, plus accrued and unpaid interest thereon. The redemption date has been set for October 30, 2009, and the estimated payment to be made by the Company in connection with the redemption is $112.6 million plus accrued and unpaid interest on the Notes being redeemed.
(d) Exhibits:
Exhibit
No. Description
99.1 Press Release, dated September 29, 2009
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