PolyOne Corporation Announces Expiration of Early Tender

Published Sep 24, 2010

PolyOne Corporation (NYSE: POL) (the “Company”) today announced the preliminary results of its previously announced cash tender offer for any and all of its outstanding 8.875% Senior Notes due 2012 (the “Notes”). At 5:00 p.m., New York City time, on September 23, 2010 (the “Early Tender Date”), an aggregate principal amount of $256 million of the Notes had been validly tendered (the “Early Tendered Notes”). On September 24, 2010, the Company accepted for payment all of the Early Tendered Notes. The Company intends to use a portion of the net proceeds from its recently completed $360 million senior notes offering to fund the purchase price of the Notes.