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Acuity Brands Announces Completion of Notes Exchange Offer

  //house-home.news-articles.net/content/2010/08/1 .. nnounces-completion-of-notes-exchange-offer.html
  Published in House and Home on Tuesday, August 17th 2010 at 13:10 GMT by Market Wire
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ATLANTA--([ BUSINESS WIRE ])--Acuity Brands, Inc. (NYSE: AYI) (the aCompanya) today announced that its wholly-owned operating subsidiary, Acuity Brands Lighting, Inc. (aABLa), completed its offer to exchange up to $350 million aggregate principal amount of its 6.00% senior unsecured notes due 2019, which have been registered under the Securities Act of 1933, as amended, for its unregistered 6.00% senior unsecured notes due 2019.

The exchange offer expired at 5 p.m. ET, on August 16, 2010. A total of $350 million (100%) of the notes were validly tendered and accepted for exchange by ABL.

This exchange offer was performed pursuant to the registration rights agreement entered into as part of the financing transaction completed in December 2009 and does not represent a new financing transaction.

About Acuity Brands

Acuity Brands, Inc., the parent company of Acuity Brands Lighting, Inc. and other subsidiaries, is one of the worlda™s leading providers of lighting fixtures and related products and services with fiscal year 2009 net sales of over $1.6 billion. The Companya™s brands include Lithonia Lighting®, Holophane®, Peerless®, Mark Architectural Lightinga", Hydrel®, American Electric Lighting®, Gotham®, Carandini®, RELOC®, MetalOptics®, Antique Street Lampsa", Tersena", Synergy® Lighting Controls, Sensor Switch®, Lighting Control & Designa", and ROAM®. Headquartered in Atlanta, Georgia, Acuity Brands employs approximately 6,000 associates and has operations throughout North America and in Europe and Asia.