From Earlier: USG Corporation Announces Launch of $300M Cash Tender Offer and Consent Solicitation for 9.75% Senior Notes Due 2014

USG Corporation

today announced the commencement of a cash tender offer for any and all of its outstanding 9.75% Senior Notes due 2014. USG also announced a concurrent solicitation of consents to certain proposed amendments to the terms of the Notes. The Tender Offer and Consent Solicitation are being made on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated March 14, 2012 and the related Letter of Transmittal and Consent. Holders of Notes that validly tender and do not validly withdraw their Notes pursuant to the Tender Offer in accordance with the procedures described in the Offer to Purchase will be deemed to have validly consented to the Proposed Amendments. There is no option to tender Notes without delivering the related consents, and there is no option to deliver consents without tendering Notes.