Tender

Caesars Entertainment, Inc. Announces Commencement of Tender Offer for 6.250% Senior Secured Notes Due 2025

Retrieved on: 
Thursday, January 18, 2024

Completion of the Tender Offer is subject to certain market and other conditions, including the completion by the Company of new debt financing on terms and conditions satisfactory to it.

Key Points: 
  • Completion of the Tender Offer is subject to certain market and other conditions, including the completion by the Company of new debt financing on terms and conditions satisfactory to it.
  • The Company may amend, extend or, subject to certain conditions and applicable law, terminate the Tender Offer at any time in its sole discretion.
  • The Tender Offer is not conditioned on any minimum amount of Notes being tendered.
  • Questions regarding the terms of the Tender Offer may be directed to J.P. Morgan Securities LLC by telephone at (866) 834-4666 (U.S. toll-free) and (212) 834-4087 (collect).

Sinovac Board of Directors Unanimously Rejects an Unsolicited Partial Tender Offer

Retrieved on: 
Thursday, January 18, 2024

Accordingly, the Board of Directors recommends that the Shareholders reject the Tender Offer and not tender their Shares for purchase pursuant to the Offer to Purchase by Alternative Liquidity.

Key Points: 
  • Accordingly, the Board of Directors recommends that the Shareholders reject the Tender Offer and not tender their Shares for purchase pursuant to the Offer to Purchase by Alternative Liquidity.
  • The Tender Offer was reviewed and considered by the Board of Directors, none of whom are affiliated with Alternative Liquidity.
  • The Board of Directors took into account various factors in evaluating the Tender Offer and in support of its recommendation that the Shareholders reject the Tender Offer and not tender their shares in the Tender Offer, including the following.
  • The Board of Directors’ belief in this regard is supported by Alternative Liquidity’s own characterization of the Tender Offer.

Tallgrass Energy Prices Upsized Offering of $800 Million of 7.375% Senior Notes Due 2029

Retrieved on: 
Tuesday, January 16, 2024

Tallgrass Energy Partners, LP (“TEP”) announced today that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced an offering of $800 million in aggregate principal amount of 7.375% senior unsecured notes due 2029 at an offering price equal to 100% of par (the “Notes Offering”).

Key Points: 
  • Tallgrass Energy Partners, LP (“TEP”) announced today that it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, priced an offering of $800 million in aggregate principal amount of 7.375% senior unsecured notes due 2029 at an offering price equal to 100% of par (the “Notes Offering”).
  • The size of the offering was increased from the previously announced $700 million to $800 million.
  • The Notes Offering is expected to close January 23, 2024, subject to satisfaction of customary closing conditions.
  • The Tender Offer is being made pursuant to an Offer to Purchase dated January 16, 2024.

Tallgrass Energy Announces Offering of $700 Million of Senior Notes Due 2029

Retrieved on: 
Tuesday, January 16, 2024

Tallgrass Energy Partners, LP (“TEP”) announced today that, subject to market conditions, it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, intend to offer $700 million aggregate principal amount of senior unsecured notes due 2029 in a private placement to eligible purchasers (the “Notes Offering”).

Key Points: 
  • Tallgrass Energy Partners, LP (“TEP”) announced today that, subject to market conditions, it, along with Tallgrass Energy Finance Corp., a subsidiary of TEP, intend to offer $700 million aggregate principal amount of senior unsecured notes due 2029 in a private placement to eligible purchasers (the “Notes Offering”).
  • The Tender Offer is being made pursuant to an Offer to Purchase dated January 16, 2024.
  • The securities to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws.
  • Neither this press release nor anything contained herein shall constitute a notice of redemption for the 2025 Notes.

Tallgrass Energy Announces Tender Offer for Its 7.50% Senior Notes due 2025

Retrieved on: 
Tuesday, January 16, 2024

Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following web address: https://www.gbsc-usa.com/tallgrass/ .

Key Points: 
  • Copies of the Offer to Purchase and Notice of Guaranteed Delivery are also available at the following web address: https://www.gbsc-usa.com/tallgrass/ .
  • The Tender Offer is not conditioned upon any minimum amount of Notes being tendered.
  • TEP has retained BofA Securities, Inc. to serve as the exclusive Dealer Manager for the Tender Offer.
  • This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes in the Tender Offer and does not constitute a notice of redemption for the Notes.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Dates of Quarterly Tender Offer

Retrieved on: 
Wednesday, January 10, 2024

Shareholders should read these documents and related exhibits carefully as the documents contain important information about the Fund's Tender Offer.

Key Points: 
  • Shareholders should read these documents and related exhibits carefully as the documents contain important information about the Fund's Tender Offer.
  • BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $45.7 trillion in assets under custody and/or administration as of September 30, 2023.

MarineMax to Acquire Williams Tenders USA, Complementing its Luxury Yacht and Superyacht Offerings

Retrieved on: 
Monday, January 8, 2024

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services company, today announced that it has entered into a definitive agreement to acquire Williams Tenders USA, Inc.

Key Points: 
  • MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat, yacht and superyacht services company, today announced that it has entered into a definitive agreement to acquire Williams Tenders USA, Inc.
  • Headquartered in Pompano Beach, Florida, Williams Tenders USA is a premier distributor and retailer for UK-based Williams Jet Tenders Ltd., the world’s leading manufacturer of rigid inflatable jet tenders for the luxury yacht market.
  • “Williams Tenders USA complements our product and service offerings, enhancing the value we provide to yacht and superyacht customers,” stated Brett McGill, Chief Executive Officer and President of MarineMax.
  • Like MarineMax, Williams Tenders USA is a business that is passionate about the boating lifestyle.

EQS-News: Acceptance Period of Thoma Bravo’s Public Takeover Offer Commences: EQS Shareholders can Tender their Shares from Today

Retrieved on: 
Saturday, December 30, 2023

Acceptance Period of Thoma Bravo’s Public Takeover Offer Commences: EQS Shareholders can Tender their Shares from Today

Key Points: 
  • Acceptance Period of Thoma Bravo’s Public Takeover Offer Commences: EQS Shareholders can Tender their Shares from Today
    The issuer is solely responsible for the content of this announcement.
  • 69% of the EQS share capital
    MUNICH, Germany – 4 December 2023 – Pineapple German Bidco GmbH, an entity controlled by funds managed and/or advised by Thoma Bravo, L.P. (collectively, "Thoma Bravo") today published the offer document for its public takeover offer (the “Offer”) to the shareholders of EQS Group AG (“EQS”).
  • Starting today, EQS shareholders can tender their shares for an attractive cash consideration of EUR 40.00 per EQS share.
  • EQS shareholders who wish to accept the Offer should contact their custodian bank or any other securities services company where their EQS shares are being held.

NOVA CHEMICALS CORPORATION ANNOUNCES EARLY TENDER RESULTS OF CASH TENDER OFFER FOR ITS 4.875% SENIOR NOTES DUE 2024

Retrieved on: 
Monday, November 27, 2023

The Aggregate Maximum Principal Amount has been fully subscribed by the Notes tendered as of the Early Tender Date.

Key Points: 
  • The Aggregate Maximum Principal Amount has been fully subscribed by the Notes tendered as of the Early Tender Date.
  • NOVA Chemicals does not anticipate accepting for purchase any Notes validly tendered after the Early Tender Date.
  • NOVA Chemicals is making the Tender Offer only in those jurisdictions where it is legal to do so.
  • Copies of the Offer to Purchase are available to holders of Notes from Global Bondholder Services Corporation, the information and tender agent for the Tender Offer.

Studio City Finance Limited Announces Results of Early Tender and Upsizing of its Tender Offer for Its 6.000% Senior Notes due 2025

Retrieved on: 
Friday, November 24, 2023

MACAU, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Studio City Finance Limited (“Studio City Finance”) today announces the expiration of the early tender period and results of early tender of its previously announced cash tender offer for up to an aggregate principal amount of US$75 million of its outstanding 6.000% senior notes due 2025 (ISIN: US86389QAE26 and USG85381AE48) (the “Notes” and such tender offer, the “Tender Offer”).

Key Points: 
  • MACAU, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Studio City Finance Limited (“Studio City Finance”) today announces the expiration of the early tender period and results of early tender of its previously announced cash tender offer for up to an aggregate principal amount of US$75 million of its outstanding 6.000% senior notes due 2025 (ISIN: US86389QAE26 and USG85381AE48) (the “Notes” and such tender offer, the “Tender Offer”).
  • The early tender period expired at 5:00 p.m., New York City time, on November 22, 2023 (the “Early Tender Date”).
  • Studio City Finance has engaged Deutsche Bank AG, Singapore Branch to act as the sole dealer manager for the Tender Offer.
  • Studio City Finance has engaged Kroll Issuer Services Limited to serve as the Tender and Information Agent for the Tender Offer.