Marubeni Extends Mirant Tender

Marubeni Caribbean Power Holdings (MCPH) has extended until September 24 a cash tender offer for any and all of the $100m aggregate principal amount outstanding of 7.017% notes due 2016 issued by Mirant Trinidad Investments (MTI). MCPH acquired MTI on August 8 and is paying for the buyback with proceeds from a new $110m credit facility. ABN AMRO, Calyon, ING and Mizuho are dealer managers.