NEW YORK -- Credit Lyonnais Bank Nederland said 2,809,739 shares of common stock of Pathe Communications Corp. were tendered in response to the bank's recent offer for 5.8 million shares at $1.50 each.
The Rotterdam subsidiary of Paris-based Credit Lyonnais, which took control of the troubled entertainment company is a foreclosure, said $5,898,000 in aggregate principal amount of 12.875% debentures, $625,000 in 8.875% debentures, and $2,856,000 in 12.375% notes were tendered in the offer for all Pathe debt securities.
