MONTEREY, CA -- 11/13/09 --
Century Aluminum Company (the "Company")
(NASDAQ: CENX) today announced that it has successfully completed its
solicitation of consents to amend the indenture governing its 1.75%
Convertible Senior Notes due 2024, CUSIP Nos. 156431AE8 and 156431AD0 (the
"2024 Notes"), to modify certain events of default relating to certain
bankruptcies and insolvencies. The Company has been advised by the
information and tabulation agent for the consent solicitation that
approximately 90% of holders of the 2024 Notes consented to the proposed
amendments.
Century Aluminum Company owns primary aluminum capacity in the United
States and Iceland. Century's corporate offices are located in Monterey,
California.
Cautionary Statement
This press release may contain "forward-looking statements" within the
meaning of U.S. federal securities laws. The company has based its
forward-looking statements on current expectations and projections about
the future; however, these statements are subject to risks, uncertainties
and assumptions, any of which could cause the company's actual results to
differ materially from those expressed in its forward-looking statements.
More information about these risks, uncertainties and assumptions can be
found in the risk factors and forward-looking statements cautionary
language contained in the company's Annual Report on Form 10-K and in other
filings made with the Securities and Exchange Commission. The company does
not undertake, and specifically disclaims, any obligation to revise any
forward-looking statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date such forward-looking
statements are made.
Certified Advisors for the First North market of the OMX Nordic Exchange
Iceland hf. for Global Depositary Receipts in Iceland:
Atli B. Gudmundsson, Senior Manager - Corporate Finance, NBI hf.
Steingrimur Helgason, Director - Corporate Finance, NBI hf.
Contacts:
Media
Mike Dildine
831-642-9364
Investors
Shelly Lair
831-642-9357
