Copies
of the
official Consent Solicitation Statement and related information are
available on request
from Jefferies + Company, Inc.
media logistics
The Company generally provides services
for the transportation of
open enrollment students through the use of
standard school buses, and the transportation of physically
or
mentally challenged students through the use of an assortment of
vehicles, including standard
school buses, passenger vans and
lift-gate vehicles, which are capable of accommodating
wheelchair
-bound students.organizations everything
In addition, having received the requisite consents in the Consent
Solicitation
, the Company has effected the amendments to the Indenture
governing the Notes as contemplated by
the Consent Solicitation.manufacturers spares
manufacturers sales
(the "Company") announced today that it
had consummated an offering of
$15.
organizations spares
Business Editors/Transportation Writers
STATEN ISLAND, N.business organizations
----Atlantic
Express Transportation Corp.repairs coach
Y., as information
agent, by telephone at (973) 912-2762.busweb organizations
Information
contained in this news release other than statements
of historical fact are forward-looking statements
subject to various
risks and uncertainties.buses busweb
business federal
directory busweb
m.business equipment
Business Editors/Transportation Writers
STATEN ISLAND, N. The Company has a fleet of approximately
5,800 vehicles to service its school
bus operations, consisting of
school buses, minivans and cars, lift and ramp-equipped vehicles,
coaches
and service and support vehicles.----Atlantic
Express Transportation Corp. New York City time on
February 23, 2005, (2) consents may
no longer be revoked and (3) holders who have not duly delivered
their
consents prior to such termination will not be entitled to receive the
Consent Payment as
defined in the Consent Solicitation Statement.business federal
This announcement does not
constitute an offer to
sell, or the solicitation of an offer to buy,
any security and shall not constitute an offer, solicitation
or sale
in any jurisdiction in which such offer, solicitation or sale would be
unlawful. The Company
has
contracts to provide school bus transportation in 138 school districts
in New York, Missouri
, Massachusetts, California, Pennsylvania, New
Jersey, Illinois and Vermont.
The Consent Solicitation
and the payment of the consent fee remain
subject to all of the terms and conditions contained in
the Consent
Solicitation Statement and the related Consent Letter, including the
consummation
of the offering of an additional $15.joe spares
Proceeds from the offering, net of consent
fees, transaction
fees and related expenses in connection with the
offering and the Company's previously announced
consent solicitation
(the "Consent Solicitation") of holders of its 12% Senior Secured
Notes due
2008 and Senior Secured Floating Rate Notes due 2008
(together, the "Notes"), will be used for general
corporate purposes. The Company generally provides services
for the transportation of open enrollment
students through the use of
standard school buses, and the transportation of physically or
mentally
challenged students through the use of an assortment of
vehicles, including standard school buses
, passenger vans and
lift-gate vehicles, which are capable of accommodating
wheelchair-bound students
. The Company has a fleet of approximately
5,800 vehicles to service its school bus operations, consisting
of
school buses, minivans and cars, lift and ramp-equipped vehicles,
coaches and service and support
vehicles.state sales
The Company is the fourth largest provider of school bus
transportation in the United
States and the leading provider in New
York City, the largest market in which it operates. Factors
that could cause the Company's results to
differ materially from the results in such forward-looking
statements
include failure to obtain the requisite consent of the holders of the
Notes as currently
contemplated.motorcoach organizations
Atlantic Express Transportation Corp. Announces Receipt of Consent of Note Holders
business motorcoach
(the "Company") announced today that it
had received and accepted consents from the holders of a
majority of
the outstanding principal amount of its 12% Senior Secured Notes due
2008 and its
Senior Secured Floating Rate Notes due 2008 pursuant to
the Company's Consent Solicitation Statement
, dated February 15, 2005,
and the related Consent Letter.
The Company is the fourth largest
provider of school bus
transportation in the United States and the leading provider in New
York
City, the largest market in which it operates.coach motorcoach
Information contained in this news release other
than statements
of historical fact are forward-looking statements subject to various
risks and
uncertainties. In accordance with the terms of the
Consent Solicitation, (1) the solicitation of
consents has terminated
as of 5 p.associations spares
Y.equipment bus
Atlantic Express Transportation Corp. Announces Consummation
of $15 000 000 10% Third Priority Senior Secured Note Offering
The notes have not been registered
under the Securities Act of
1933, as amended, or any state securities laws and may not be offered
or sold in the United States absent registration or an applicable
exemption from registration
requirements. Although the Company believes that the
expectations reflected in such forward-looking
statements are
reasonable, no assurance can be given that such expectations will
prove correct
.manufacturers logistics
Although the Company believes that the
expectations reflected in such forward-looking statements
are
reasonable, no assurance can be given that such expectations will
prove correct.
manufacturers federal
0 million of 10% Third Priority
Senior Secured Notes due 2008, which were issued with warrants to
acquire 40,725 shares of the Company's common stock, in a private
placement on March 3, 2004.
0 million aggregate principal amount of the
Company's Third Priority Senior Secured Notes due 2008
.directory media
Factors that could cause the Company's results to
differ materially from the results in such forward
-looking statements
include failure to obtain the requisite consent of the holders of the
Notes
as currently contemplated.federal business
Those
amendments also became effective yesterday.0 million of secured
debt in the form of $15. The Company has
contracts to provide school bus transportation in 138
school districts
in New York, Missouri, Massachusetts, California, Pennsylvania, New
Jersey, Illinois
and Vermont.manufacturers business
A community sponsored library.
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