Offers

Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes

Retrieved on: 
Montag, April 29, 2024
Connecticut Avenue, REMIC, FNMA, CAS, Fannie Mae, Trust, Offers, OTCQB

WASHINGTON, April 29, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 22, 2024 (collectively, the "Offer Documents").

Key Points: 
  • WASHINGTON, April 29, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its fixed-price cash tender offers (each, an "Offer" and, collectively, the "Offers") for any and all of certain Connecticut Avenue Securities® (CAS) Notes listed in the table below (the "Notes") upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of April 22, 2024 (collectively, the "Offer Documents").
  • Certain of the classes of Notes subject to the Offers were issued by the REMIC trusts identified in the table below (each, a "Trust").
  • Fannie Mae is the holder of the ownership certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust.
  • The table below sets forth the original principal balance of the Notes, the percentage of original principal amount tendered, and the original principal amount tendered in the Offers.

Transocean Ltd. Announces Results of Tender Offers

Retrieved on: 
Donnerstag, April 18, 2024
Sale, Settlement date, CUSIP, Expiration, Date, Interest, Offers, Life insurance

(2)   Per $1,000 principal amount.

Key Points: 
  • (2)   Per $1,000 principal amount.
  • Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.
  • The withdrawal deadline for the Offers was 5:00 p.m., New York City time, on April 17, 2024 and has not been extended.
  • Accordingly, previously tendered Notes and Notes tendered after such withdrawal deadline may not be withdrawn, subject to applicable law.

Transocean Ltd. Announces the Pricing Terms of Pending Tender Offer

Retrieved on: 
Mittwoch, April 17, 2024
Sale, Offers, Settlement date, Expiration, CUSIP, Interest, Note

Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.

Key Points: 
  • Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.
  • For the avoidance of doubt, interest will cease to accrue on the Settlement Date for all 2027 Notes accepted in the Offer, including any such 2027 Notes tendered through the guaranteed delivery procedures.
  • No Offer is conditioned upon any minimum principal amount of 2027 Notes or the Notes of any series being tendered nor the consummation of any other Offer.
  • The Offers are being made pursuant to the terms and conditions contained in the Offer to Purchase and Notice of Guaranteed Delivery, copies of which may be requested from the information agent for the tender offer, D.F.

Transocean Ltd. Announces Cash Tender Offers

Retrieved on: 
Donnerstag, April 11, 2024
Sale, Offers, Settlement date, Expiration, CUSIP, Interest, Security (finance)

Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.

Key Points: 
  • Excludes Accrued Interest (as defined herein), which will be paid as set forth herein as applicable.
  • As a result, Notes tendered through the guaranteed delivery procedures will not receive accrued interest from the Settlement Date through the Guaranteed Delivery Settlement Date.
  • The Offers are being made pursuant to the terms and conditions contained in the Offer to Purchase and Notice of Guaranteed Delivery, copies of which may be requested from the information agent for the tender offer, D.F.
  • Citigroup Global Markets Inc. is acting as the sole Dealer Manager (the “Dealer Manager”) for the Offers.

Aon Announces Early Settlement Date and Total Consideration for its Cash Tender Offers and Related Consent Solicitations for Outstanding Debt Securities of NFP Corp.

Retrieved on: 
Donnerstag, April 25, 2024
Sale, NFP, Offer and acceptance, Date, News, Offers, Solicitation, Morgan Stanley, Acquisition, Security (finance)

The Total Consideration payable for Fixed Spread Notes validly tendered at or prior to the Early Tender Date and accepted for purchase will be the applicable Total Consideration specified above, and is inclusive of the Early Tender Payment.

Key Points: 
  • The Total Consideration payable for Fixed Spread Notes validly tendered at or prior to the Early Tender Date and accepted for purchase will be the applicable Total Consideration specified above, and is inclusive of the Early Tender Payment.
  • The sum of the Fixed Spread and the Reference Yield is referred to as the "Repurchase Yield."
  • As previously announced, in order to be eligible to receive the applicable Total Consideration with respect to the Notes, holders must have validly tendered Notes at or before the Early Tender Date.
  • The Offers and the Consent Solicitations are being made only pursuant to the Offer to Purchase.

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes

Retrieved on: 
Montag, April 22, 2024
Offers, Settlement date, Fannie Mae, Risk, Bank statement, BofA Securities, Wells Fargo, Tender, Note, Security (finance)

Holders must validly tender their Notes at or before the Expiration Time in order to be eligible to receive the Tender Offer Consideration, which will incorporate the monthly Certificate Percentages available on April 25, 2024.

Key Points: 
  • Holders must validly tender their Notes at or before the Expiration Time in order to be eligible to receive the Tender Offer Consideration, which will incorporate the monthly Certificate Percentages available on April 25, 2024.
  • Fannie Mae expects the Settlement Date to occur on April 30, 2024.
  • This release includes forward-looking statements, including statements relating to the timing and expected settlement and closing of the purchase of the Notes in a tender offer.
  • All forward-looking statements are made as of the date of this press release, and Fannie Mae assumes no obligation to update this information.

Aroundtown SA announces successful exchange and tender offer supporting credit metrics and FFO. Issuing new benchmark perpetual notes.

Retrieved on: 
Mittwoch, April 10, 2024
Offers, Aroundtown SA, METRICS, S&P, FFO

Aroundtown SA announces successful exchange and tender offer supporting credit metrics and FFO.

Key Points: 
  • Aroundtown SA announces successful exchange and tender offer supporting credit metrics and FFO.
  • Issuing new benchmark perpetual notes.
  • Aroundtown (“the Company” or “AT”), announces the successful results of voluntary exchange and tender offers of four series of Aroundtown euro denominated perpetual notes and two series of its subsidiary Grand City Properties S.A. (“GCP”, together with AT the “Group”) euro denominated perpetual notes (together, the “Offers”).
  • €1.6 billion of new perpetual notes across three different series and simultaneously repurchase €136 million of perpetual notes via the tender offer (see detailed breakdown further below).

EQS-News: Aroundtown SA announces successful exchange and tender offer supporting credit metrics and FFO. Issuing new benchmark perpetual notes.

Retrieved on: 
Mittwoch, April 10, 2024
Offers, Aroundtown SA, METRICS, S&P, FFO

Aroundtown SA announces successful exchange and tender offer supporting credit metrics and FFO.

Key Points: 
  • Aroundtown SA announces successful exchange and tender offer supporting credit metrics and FFO.
  • Issuing new benchmark perpetual notes.
  • ISSUING NEW BENCHMARK PERPETUAL NOTES.
  • €1.6 billion of new perpetual notes across three different series and simultaneously repurchase €136 million of perpetual notes via the tender offer (see detailed breakdown further below).

Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028

Retrieved on: 
Freitag, März 29, 2024
Letter, PDF, Offers, Table (information), Exchange, CUSIP, Sale, Regulation, Note, Exchange offer, Late, Security (finance)

Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.

Key Points: 
  • Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.
  • Interest on the Exchange Notes will accrue from March 12, 2024, with the first interest payment occurring on August 15, 2024.
  • Consummation of the Exchange Offer is conditioned upon the satisfaction or waiver of the conditions set forth in the Offering Memorandum.
  • persons” as defined in Rule 902 under the Securities Act and in compliance with Regulation S under the Securities Act.

Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028

Retrieved on: 
Donnerstag, März 28, 2024
Letter, PDF, Documentation, Offers, Table (information), Exchange, CUSIP, Sale, Regulation, Note, Expiration, Exchange offer, Issuer, Late, Security (finance)

(2) Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.

Key Points: 
  • (2) Holders of Existing Secured Notes that are accepted for exchange pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest in cash on the Existing Secured Notes exchanged for Exchange Notes up to, but excluding, March 12, 2024.
  • Interest on the Exchange Notes will accrue from March 12, 2024, with the first interest payment occurring on August 15, 2024.
  • As of 5:00 p.m., New York City time, on March 28, 2024, the right to withdraw tenders of Existing Secured Notes expired.
  • Eligible holders who tender (and do not validly withdraw) all of their Existing Secured Notes after the Early Participation Time but at or prior to the Expiration Time, and their Existing Secured Notes are accepted, will receive the Late Exchange Consideration described above.