The following table shows the amount of Notes validly tendered and not validly withdrawn at the Consent Payment Deadline:
Principal Amount Percentage of
Tendered as of Outstanding
Principal Amount Consent Payment Notes
Security (CUSIP No.) Outstanding(1) Deadline Tendered
--------------------- ------------------ ------------------- ---------------
10.50% Senior Secured $355,000,000 $355,000,000 100%
Notes due 2014
(CUSIP 25389MAC3)
(1) Refers to the principal amount payable at maturity.
As previously announced, the Company will, subject to satisfaction of the conditions of the Offer and Consent Solicitation, purchase for cash any and all of the Notes validly tendered in the Offer. The Company previously announced that it had received consents (coupled with tenders) from holders of a majority in principal amount of Notes to cause the adoption of the proposed amendments to the indenture and security documents governing the Notes. A supplemental indenture effecting the proposed amendments has been executed but such proposed amendments will only become operative immediately prior to the first acceptance for payment of all Notes that are validly tendered (and not previously withdrawn).
The Offer and Consent Solicitation is being made upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement, dated September 21, 2011 and the related Letter of Transmittal and Consent as revised by the Company's press release dated October 3, 2011 (collectively, the "Offer Documents"). Further details about the terms and conditions of the Offer and Consent Solicitation are set forth in the Offer Documents.
The Company reserves the right, in its sole discretion, to modify the terms of the Offer and Consent Solicitation, or to waive or modify any one or more of the conditions thereto, in whole or in part, at any time on or before the expiration of the Offer and Consent Solicitation at the end of the day on October 25, 2011, at midnight, New York City time.
The depositary for the Offer is U.S. Bank National Association and the information agent is i-Deal, LLC. The Offer Documents were previously distributed to noteholders. Noteholders with questions or who would like additional copies of the Offer Documents may call the information agent, i-Deal, LLC, toll-free at (888) 593-9546. (Banks and brokers may call collect at (212) 849-5000.) The Dealer Managers may be contacted at the following numbers: Morgan Stanley ((800) 624-1808 (toll-free), (212) 761-1057 (collect)) and J.P. Morgan ((800) 245-8812 (toll-free), (212) 270-1200 (collect)).
This news release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell the Notes. The Offer is being made only pursuant to the Offer Documents that the Company previously distributed to noteholders. Noteholders should read carefully the Offer Documents because they contain important information, including the various terms of and conditions to the Offer. None of the Company, the Dealer Managers, the solicitation agents, the depositary, the information agent or their respective affiliates is making any recommendation as to whether or not noteholders should tender all or any portion of their Notes in the Offer or deliver their consents in the Consent Solicitation.
About DigitalGlobe
DigitalGlobe is a leading global provider of commercial high-resolution earth imagery products and services. Sourced from our own advanced satellite constellation, our imagery solutions support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and navigation technology. With our collection sources and comprehensive ImageLibrary (containing more than one billion square kilometers of earth imagery and imagery products) we offer a range of on- and off-line products and services designed to enable customers to easily access and integrate our imagery into their business operations and applications. For more information, visit www.digitalglobe.com.
DigitalGlobe is a registered trademark of DigitalGlobe.
Forward Looking Statements
This release may contain forward-looking statements. Forward-looking statements relate to future events or our future financial performance. We generally identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar words, although not all forward-looking statements contain these words. These statements are only predictions.
Any forward-looking statements contained in this release are based upon our historical performance and on our current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from those indicated in these statements.
