Relating to the 8-1/4% Senior Secured Notes due December 30, 2020 RENO, Nev., May 31 /PRNewswire-FirstCall/ -- Ormat Funding Corp. (the "Company"), a wholly owned subsidiary of Ormat Technologies, Inc.
, today announced the expiration of the consent solicitation launched on May 16, 2007 relating to the Company's 8-1/4% Senior Secured Notes due December 30, 2020, CUSIP No.: 686685AB4 (the "Consent Solicitation"). As previously announced, the Consent Solicitation and Waivers granted pursuant thereto became effective and no longer revocable at 5:00 p.
m. New York City time, May 24, 2007. The Expiration Date for the Consent Solicitation was May 30, 2007.
Lehman Brothers Inc. acted as the Solicitation Agent for the Consent Solicitation. Union Bank of California, N.
A., served as the Tabulation and securities in any state in which such offer, solicitation or sale would be to current expectations, estimates, forecasts and projections about future Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat Funding Corp's plans, objectives and expectations and projections of future results or trends.
Actual future results may differ These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
