Alon Refining Krotz (ALJ) Will Not Tender Notes Following Solicitation
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Alon Refining Krotz Springs, Inc., a subsidiary of Alon USA Energy, Inc. (NYSE: ALJ), reports that its previously announced tender offer for any and all of its Senior Secured Notes due 2014 (the "Notes"), and related consent solicitation, as described in the Offer to Purchase and Consent Solicitation Statement dated March 15, 2012, has expired without any Notes or consents being accepted for purchase.
As a result of the expiration of the tender offer and consent solicitation, no consideration will be paid to holders who tendered Notes and delivered consents, and no amendments to the indenture, the intercreditor agreement or the note collateral documents will be made on the basis of such consents. All tendered Notes will be returned to the holders thereof (or, in the case of Notes tendered by book-entry transfer, such Notes will be credited to the account maintained by The Depositary Trust Company from which such Notes were delivered) as promptly as practicable.
As a result of the expiration of the tender offer and consent solicitation, no consideration will be paid to holders who tendered Notes and delivered consents, and no amendments to the indenture, the intercreditor agreement or the note collateral documents will be made on the basis of such consents. All tendered Notes will be returned to the holders thereof (or, in the case of Notes tendered by book-entry transfer, such Notes will be credited to the account maintained by The Depositary Trust Company from which such Notes were delivered) as promptly as practicable.
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