FORT MYERS, Fla., July 23, 2012 (GLOBE NEWSWIRE) -- Radiation Therapy Services Holdings, Inc. (the "Company") today announced that its wholly-owned subsidiary, Radiation Therapy Services, Inc. ("RTSI") has extended the expiration date of its offer to exchange up to $350.0 million in aggregate principal amount of its new 8⅞% Senior Secured Second Lien Notes due 2017, which have been registered under the Securities Act of 1933, as amended (the "Exchange Notes"), for any and all of its outstanding 8⅞% Senior Secured Second Lien Notes due 2017 (the "Old Notes"), to allow holders of Old Notes that have not yet tendered additional time to do so.
The exchange offer, which was originally scheduled to expire at 5:00 p.m., New York City time, on July 20, 2012, is being extended and will now expire at 5:00 p.m., New York City time, on July 27, 2012.
Approximately $348,560,000 in aggregate principal amount of the Old Notes were tendered in the exchange offer as of 5:00 p.m., New York City time, on July 20, 2012.
The terms of the exchange offer and other information relating to RTSI are set forth in the prospectus dated June 20, 2012. Copies of the prospectus and letter of transmittal may be obtained from the Exchange Agent, Wilmington Trust, National Association, at (302) 363-6181.
This announcement is not an offer to sell any securities or a solicitation of any offer to buy any securities. The exchange offer is being made only by means of a written prospectus. The exchange offer is not being made to holders of the Old Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. None of the Company, RTSI or the Exchange Agent or their respective affiliates is making any recommendation as to whether or not holders should exchange all or any portion of their Old Notes in the exchange offer.
About Radiation Therapy Services, Inc.
Radiation Therapy Services is a leading provider of advanced radiation therapy and other clinical services to cancer patients primarily in the United States and Latin America. The Company's core line of business is offering a comprehensive range of radiation treatment alternatives, where it focuses on delivering academic quality, cost-effective patient care in a personal and convenient community setting. In total, the Company operates 126 treatment centers, including 95 centers located in 15 U.S. states, strategically clustered in 28 local markets. The Company also operates 30 centers located in South America, Central America, Mexico and the Caribbean, and 1 center located in India.
Safe Harbor for Forward-Looking and Cautionary Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, completion of the exchange offer and other factors that may be described from time to time in our filings with the SEC. For any of these factors, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. You are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date stated, or if not date is stated, as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.