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Charys" or the "Company") (OTCBB: CHYS) announced that on February 16, 2007, it completed a $175 million private offering of securities to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Charys" or the "Company") (OTCBB: CHYS) announced today that it has signed a definitive note and warrant purchase agreement for the offering and sale of $175 million of securities, in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). 75% Convertible Senior Notes due 2012 to be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. |
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