Item 7.01. Regulation FD Disclosure
Given that the preliminary results are well below the required threshold of 99% required pursuant to the terms of the Offers, the Company, in consultation with its advisors, is exploring a range of options with its stakeholders with the common objective of strengthening the Company's financial position. Consistent with this goal, the Company is deferring certain upcoming debt service payments and the requisite lenders under the applicable debt documents intend to provide for the suspension of exercise of rights in connection with the deferral of these payments while the parties continue their discussions.
The information in this Current Report on Form 8-K is for informational purposes only and is not an offer to purchase or exchange or a solicitation of an offer to purchase, exchange or sell any securities, nor shall there be any sale or exchange of any securities in any jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Forward-Looking Statements
This communication contains forward-looking statements, including, in particular, statements about the Company's plans and intentions with regard to the Offers and related consent solicitations. These statements are based on the Company's current assumptions, expectations and projections about future events. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, the Company can give no assurance that the expectations will prove to be correct.
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