( Investor Home ) ( About Globix ) ( Stock Quote )
( Press Releases ) ( SEC Filings ) ( Analyst Coverage )
( Directors ) ( Management ) ( Investor Calendar )
( Conference Calls ) ( More Information )

GLOBIX CORPORATION ANNOUNCES EXTENSION OF EXCHANGE OFFER

NEW YORK, NEW YORK, September 10, 1998 – Globix Corporation (NASDAQ GBIX) announced today that it is extending the Expiration Date of its offer to exchange up to an aggregate principal amount of $160 million of its new 13% Senior Notes due 2005 for any and all outstanding 13% Senior Notes due 2005. The Expiration Date, which was originally scheduled for September 10, 1998, has been extended to 5:00 p.m., New York City time, September 17, 1998. The new 13% Senior Notes due 2005 have been registered under the Securities act of 1933, as amended. All other terms of the Exchange Offer remain unchanged.

About Globix
Globix Corporation, a leading provider of Internet-based solutions for mission-critical applications, offers convenient, one-stop shopping for Internet-based products and services along with the technical savvy necessary for optimal performance. The full range of Globix integrated solutions includes Dedicated Access to the Internet, Web Hosting and Co-location, server and workstation sales, digital media sales, new media services (including Web site design, graphics, and 2-D and 3-D animation), and instructor-led corporate training.

This announcement constitutes neither an offer to sell nor a solicitation of an offer to buy Globix Corporation debentures that are the subject of the Exchange Offer.

News and information are available at www.globix.com

FOR IMMEDIATE RELEASE

Contact:
Marc H. Bell, President CEO
Globix Corportaion
212-334-8501
[email protected]  

Back to Top