SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
(Rule 14d-100)
Tender Offer Statement under Section 14(d)(1)
or Section 13(e)(1) of the Securities Exchange Act of 1934
(Amendment No. 15)
ACCREDITED HOME LENDERS HOLDING CO.
(Name of Subject Company (Issuer))
LSF5 ACCREDITED MERGER CO., INC.
a wholly-owned subsidiary of
LSF5 ACCREDITED INVESTMENTS, LLC
(Names of Filing Persons (Offerors))
Common Stock, par value $0.001 per share
(Title of Class of Securities)
00437P107
(CUSIP Number of Class of Securities)
Marc L. Lipshy
LSF5 Accredited Merger Co., Inc.
717 North Harwood Street, Suite 2200
Dallas, TX 75201
(214) 754-8430
(Name, address and telephone number of person authorized to receive notices
and communications on behalf of filing persons)
With a copy to:
Mitchell S. Eitel, Esq.
John J. O’Brien, Esq.
Sullivan & Cromwell LLP
125 Broad Street
New York, New York 10004
Telephone: (212) 558-4000
CALCULATION OF FILING FEE
| Transaction Valuation* | Amount of Filing Fee** | |
| $379,344,495.20 |
$11,645.88 | |
| * | Estimated for purposes of calculating the amount of the filing fee only. This calculation assumed the purchase of 25,122,152 outstanding shares of common stock, par value $0.001 per share (the “Shares”), of Accredited Home Lenders Holding Co. (the “Company”) at a price of $15.10 per Share. The calculation of the filing fee was based on the Company’s representation of its capitalization as of May 31, 2007. As described in Amendment No. 13, dated September 21, 2007, to the Schedule TO (as defined herein), the Offer has been amended to provide for a price of $11.75 per Share. |
| ** | The amount of filing fee is calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, by multiplying the transaction valuation by 0.0000307. |
| x | Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number or the Form or Schedule and the date of its filing. |
| Amount Previously Paid: | $11,645.88 | Filing Party: | LSF5 Accredited Merger Co., Inc. | |||
| Form or Registration No.: | Schedule TO | Date Filed: | June 19, 2007 |
| ¨ | Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
Check the appropriate boxes below to designate any transactions to which the statement relates:
| x | third-party tender offer subject to Rule 14d-1. |
| ¨ | issuer tender offer subject to Rule 13e-4. |
| ¨ | going-private transaction subject to Rule 13e-3. |
| ¨ | amendment to Schedule 13D under Rule 13d-2. |
Check the following box if the filing is a final amendment reporting the results of the tender offer. ¨
This Amendment No. 15 (this “Amendment”) amends and supplements Items 4 and 12 in the Tender Offer Statement on Schedule TO, filed on June 19, 2007 (the “Schedule TO”) with the Securities and Exchange Commission by LSF5 Accredited Merger Co., Inc., a Delaware corporation (“Purchaser”) and LSF5 Accredited Investments, LLC, a Delaware limited liability company, relating to Purchaser’s offer (the “Offer”) to purchase all of the outstanding shares (the “Shares”) of common stock, par value $0.001 per share of Accredited Home Lenders Holding Co., a Delaware corporation (the “Company”), as amended on July 3, 2007, July 17, 2007, July 30, 2007, August 10, 2007, August 14, 2007, August 16, 2007, August 21, 2007, August 28, 2007, August 31, 2007, September 13, 2007, September 17, 2007, September 19, 2007, September 21, 2007, and September 24, 2007.
Except as otherwise indicated in this Amendment, the information set forth in the Schedule TO remains unchanged. Capitalized terms used but not defined herein have the meanings ascribed to them in the Schedule TO.
| Item 4. | Terms of the Transaction |
The information set forth in the section of the Offer to Purchase entitled “Terms of the Offer” is hereby amended and supplemented as follows:
On October 4, 2007, Lone Star Fund V (U.S.), L.P. announced that the Offer is expected to close by the currently scheduled expiration at midnight on October 5, 2007. A copy of the press release is filed as Exhibit (a)(5)(O) hereto and is incorporated herein by reference.
| Item 12. | Exhibits |
Item 12 of the Schedule TO is hereby amended by adding the following exhibit:
| Exhibit No. | Exhibit Name | |
| (a)(5)(O) | Joint Press Release issued by Lone Star and the Company on October 4, 2007. | |
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SIGNATURES
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| LSF5 ACCREDITED MERGER CO., INC. | ||
| By: | /s/ Marc L. Lipshy | |
| Name: | Marc L. Lipshy | |
| Title: | Vice President and Secretary | |
Dated: October 4, 2007
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