NOTICE OF GUARANTEED DELIVERY
WITH RESPECT TO
COYNE INTERNATIONAL ENTERPRISES CORP.
11 1/4% SERIES A SENIOR SUBORDINATED NOTES DUE 2008
This form must be used by a holder of a 11 1/4% Series A Senior
Subordinated Notes due 2008 (the "Initial Notes") of Coyne International
Enterprises Corp. (the "Company"), who wishes to tender Initial Notes to the
Exchange Agent pursuant to the guaranteed delivery procedures described in "The
Exchange Offer--Guaranteed Delivery Procedures" of the Prospectus, dated
__________ (the "Prospectus"), and in Instruction 2 to the related Letter of
Transmittal. Any holder who wishes to tender Initial Notes pursuant to such
guaranteed delivery procedures must ensure that the Exchange Agent receives this
Notice of Guaranteed Delivery prior to the Expiration Date of the Exchange
Offer. Capitalized terms not defined herein have the meanings ascribed to them
in the Prospectus or the Letter of Transmittal.
THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON
_____________, UNLESS EXTENDED (THE "EXPIRATION DATE").
To: IBJ Schroder Bank & Trust Company
(the "Exchange Agent")
By Registered or Certified Mail:
[Address]
Attn:
By Overnight Courier:
IBJ Schroder Bank & Trust Company
[Address]
Attn:
By Hand:
IBJ Schroder Bank & Trust Company
[Address]
Attn:
By Facsimile:
( )
Attn:
Confirm by telephone: ( )
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS, OR TRANSMISSION VIA FACSIMILE,
OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE VALID DELIVERY.
This form is not to be used to guarantee signatures. If a signature on the
Letter of Transmittal is required to be guaranteed by an "Eligible Institution"
under the instructions thereto, such signature guarantee must appear in the
applicable space provided in the signature box on the Letter of Transmittal.
LADIES AND GENTLEMEN:
The undersigned hereby tenders to the Company, upon the terms and subject
to the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Initial Notes set forth below pursuant to the guaranteed delivery procedures set
forth in the Prospectus and in Instruction 2 of the Letter of Transmittal.
The undersigned hereby tenders the Initial Notes listed below:
CERTIFICATE NUMBER(S) (IF KNOWN) OF INITIAL AGGREGATE PRINCIPAL
NOTES OR ACCOUNT NUMBER AT THE BOOK-ENTRY AMOUNT PRESENTED
FACILITY
_______________________________________________________________________________
________________________________________________________________________________
________________________________________________________________________________
PLEASE SIGN AND COMPLETE
Signatures of Registered Holder(s) Date: , 1998
or Address:________________________________
Authorized Signatory:_________________ ________________________________________
______________________________________ Area Code and Telephone No.:____________
______________________________________
Name of Registered Holder(s):_________
______________________________________
______________________________________
This Notice of Guaranteed Delivery must be signed by the Holder(s) exactly
as their name(s) appear on certificates for Initial Notes or on a security
position listing as the owner of Initial Notes, or by person(s) authorized to
become Holder(s) by endorsements and documents transmitted with this Notice of
Guaranteed Delivery. If signature is by a trustee, executor, administrator,
guardian, attorney-in-fact, officer or other person acting in a fiduciary or
representative capacity, such person must provide the following information.
Please print name(s) and address(es)
Name(s):________________________________________________________________________
- --------------------------------------------------------------------------------
Capacity:_______________________________________________________________________
Address(es):____________________________________________________________________
- --------------------------------------------------------------------------------
GUARANTEE
(Not to be used for signature guarantee)
The undersigned, a firm which is a member of a registered national
securities exchange or of the National Association of Securities Dealers, Inc.,
or is a commercial bank or trust company having an office or correspondent in
the United States, or is otherwise an Eligible guarantor institution@ within
the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, as
amended, guarantees deposit with the Exchange Agent of the Letter of Transmittal
(or facsimile thereof), together with the Initial Notes tendered hereby in
proper form for transfer (or confirmation of the book-entry transfer of such
Initial Notes into the Exchange Agent's account at Book-Entry Transfer Facility
described in the Prospectus under the caption The Exchange Offer -- Guaranteed
Delivery Procedures@ and in the Letter of Transmittal) and any other required
documents, all by 5:00 p.m., New York City time, on the third New York Stock
Exchange trading day following the Expiration Date.
Name of Firm:____________________________ _________________________________
Authorized Signature
Address:_________________________________
_________________________________________
Area Code and Telephone No.:_____________
Name:____________________________
Title:___________________________
Date:______________________, 1997
DO NOT SEND INITIAL NOTES WITH THIS FORM. ACTUAL SURRENDER OF INITIAL NOTES
MUST BE MADE PURSUANT TO, AND BE ACCOMPANIED BY, AN EXECUTED LETTER OF
TRANSMITTAL.
INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY
1. DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY. A properly completed
and duly executed copy of this Notice of Guaranteed Delivery and any other
documents required by this Notice of Guaranteed Delivery must be received by the
Exchange Agent at its address set forth herein prior to the Expiration Date.
The method of delivery of this Notice of Guaranteed Delivery and any other
required documents to the Exchange Agent is at the election and sole risk of the
holder, and the delivery will be deemed made only when actually received by the
Exchange Agent. If delivery is by mail, registered mail with return receipt
requested, properly insured, is recommended. As an alternative to delivery by
mail, the holders may wish to consider using an overnight or hand delivery
service. In all cases, sufficient time should be allowed to assure timely
delivery. For a description of the guaranteed delivery procedures, see
Instruction 2 of the Letter of Transmittal.
2. SIGNATURES ON THIS NOTICE OF GUARANTEED DELIVERY. If this Notice of
Guaranteed Delivery
is signed by the registered holder(s) of the Initial Notes referred to herein,
the signature must correspond with the name(s) written on the face of the
Initial Notes without alteration, enlargement, or any change whatsoever. If this
Notice of Guaranteed Delivery is signed by a participant of the Book-Entry
Transfer Facility whose name appears on a security position listing as the owner
of Initial Notes, the signature must correspond with the name shown on the
security position listing as the owner of the Initial Notes.
If this Notice of Guaranteed Delivery is signed by a person other than the
registered holder(s) of any Initial Notes listed or a participant of the Book-
Entry Transfer Facility, this Notice of Guaranteed Delivery must be accompanied
by appropriate bond powers, signed as the name of the registered holder(s)
appears on the Initial Notes or signed as the name of the participant shown on
the Book-Entry Transfer Facility security position listing.
If this Notice of Guarantee Delivery is signed by a trustee, executor,
administrator, guardian, attorney-in-fact, officer of a corporation, or other
person acting in a fiduciary or representative capacity, such person should so
indicate when signing and submit with the Letter of Transmittal evidence
satisfactory to the Company of such person authority to so act.
3. REQUESTS FOR ASSISTANCE OR ADDITIONAL COPIES. Questions and requests
for assistance and requests for additional copies of the Prospectus may be
directed to the Exchange Agent at the address set forth above. Holders may also
contact their broker, dealer, commercial bank, trust company, or other nominee
for assistance concerning the Exchange Offer.