Tender

Synovus announces early tender results in connection with previously announced tender offer and extends early tender payment to apply through expiration time

Retrieved on: 
Thursday, November 16, 2023

As of the Early Tender Time, $82,382,000 aggregate principal amount of the 2029 notes had been validly tendered and not validly withdrawn.

Key Points: 
  • As of the Early Tender Time, $82,382,000 aggregate principal amount of the 2029 notes had been validly tendered and not validly withdrawn.
  • Payment for all 2029 notes validly tendered after the Early Tender Time and accepted for purchase will be made promptly after the Expiration Time.
  • None of Synovus, the Dealer Manager, the Tender and Information Agent or any of their respective affiliates makes any recommendation as to whether holders of the 2029 notes should tender their 2029 notes pursuant to the Tender Offer.
  • Holders must make their own decision as to whether to tender their 2029 notes and, if so, the principal amount of the 2029 notes to tender.

SEE Announces Expiration and Results of Offer to Purchase 5.125% Senior Notes due 2024

Retrieved on: 
Thursday, November 16, 2023

SEE intends to satisfy and discharge any outstanding Notes that are not tendered in the Tender Offer upon the terms and conditions set forth in the indenture governing the Notes.

Key Points: 
  • SEE intends to satisfy and discharge any outstanding Notes that are not tendered in the Tender Offer upon the terms and conditions set forth in the indenture governing the Notes.
  • Global Bondholder Services Corporation has been retained to serve as both the depositary and the information agent (the “Depositary and Information Agent”) for the Tender Offer.
  • This press release is for informational purposes only and is not an offer to purchase or a solicitation of an offer to sell with respect to any Notes nor is this announcement an offer to sell or a solicitation of an offer to purchase new debt securities.
  • The Tender Offer was made solely pursuant to the Offer Documents, which set forth the complete terms and conditions of the Tender Offer.

SEE Announces the Total Consideration for Its Offer to Purchase 5.125% Notes Due 2024

Retrieved on: 
Wednesday, November 15, 2023

Global Bondholder Services Corporation has been retained to serve as both the depositary and the information agent (the “Depositary and Information Agent”) for the Tender Offer.

Key Points: 
  • Global Bondholder Services Corporation has been retained to serve as both the depositary and the information agent (the “Depositary and Information Agent”) for the Tender Offer.
  • For additional information regarding the terms of the Tender Offer, please contact: BofA Securities, Inc. at (888) 292-0070 (toll free) or (980) 683-5454 (collect).
  • The Tender Offer is being made solely pursuant to the Offer Documents, which set forth the complete terms and conditions of the Tender Offer.
  • Holders must make their own decisions as to whether to tender their Notes and, if so, the principal amount of Notes to tender.

Nidec Announces the Results of the Tender Offer for Takisawa Machine Tool Co., Ltd. (Securities Code: 6121)

Retrieved on: 
Tuesday, November 14, 2023

Nidec Corporation (the “Tender Offeror”) decided on September 13, 2023 to acquire, through a tender offer in accordance with the Financial Instruments and Exchange Act (Act No.

Key Points: 
  • Nidec Corporation (the “Tender Offeror”) decided on September 13, 2023 to acquire, through a tender offer in accordance with the Financial Instruments and Exchange Act (Act No.
  • 25 of 1948, as amended, the “Act”) and related laws and regulations (the “Tender Offer”), the common shares (the “Target Company Shares”) issued by Takisawa Machine Tool Co., Ltd. (Securities Code: 6121.
  • The “Target Company”), which are listed on the Standard Market of the Tokyo Stock Exchange, Inc. (the “Tokyo Stock Exchange”), and launched the Tender Offer on September 14, 2023.
  • The Tender Offeror today announced that the Tender Offer had ended on November 13, 2023.

OneSpan Inc. Commences a Modified “Dutch Auction” Tender Offer to Repurchase approximately $20 Million of its Common Stock

Retrieved on: 
Monday, November 13, 2023

The repurchase of Common Stock in the Tender Offer is being made pursuant to the 2022 Stock Repurchase Program.

Key Points: 
  • The repurchase of Common Stock in the Tender Offer is being made pursuant to the 2022 Stock Repurchase Program.
  • If the Tender Offer is fully subscribed, the Company will purchase between approximately 1.8 million shares and 2.1 million shares, or between 4.6% and 5.3%, respectively, of the Company’s currently outstanding Common Stock.
  • If shares having an aggregate purchase price of more than $20 million are properly tendered in the Tender Offer and not properly withdrawn, the Company reserves the right to accept for purchase pursuant to the Tender Offer up to an additional 2% of its outstanding Common Stock without extending the expiration date of the Tender Offer.
  • The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Common Stock in the Tender Offer.

Dell Technologies Announces Early Results and Increase of Tender Sub-Cap for Cash Tender Offers for Certain Outstanding Debt Securities

Retrieved on: 
Saturday, December 16, 2023

The Tender Sub-Caps represent the maximum aggregate principal amount of the applicable series of Securities that will be purchased.

Key Points: 
  • The Tender Sub-Caps represent the maximum aggregate principal amount of the applicable series of Securities that will be purchased.
  • The aggregate principal amount of all Securities validly tendered and not validly withdrawn by the Early Tender Deadline exceeds the Aggregate Tender Cap.
  • Therefore, Dell does not expect to accept for purchase any tenders of Securities at Acceptance Priority Level 2 and Levels 4 through 7.
  • The information agent and tender agent for the Offers is Global Bondholder Services Corporation (the "Tender Agent").

Dell Technologies Announces Cash Tender Offers for Certain Outstanding Debt Securities

Retrieved on: 
Monday, December 4, 2023

Holders of Securities who validly tender their Securities following the Early Tender Deadline and on or prior to the Expiration Date will receive only the applicable Tender Offer Consideration per $1,000 principal amount of any such Securities validly tendered by such Holders that are accepted for purchase.

Key Points: 
  • Holders of Securities who validly tender their Securities following the Early Tender Deadline and on or prior to the Expiration Date will receive only the applicable Tender Offer Consideration per $1,000 principal amount of any such Securities validly tendered by such Holders that are accepted for purchase.
  • If the Offers are not fully subscribed at the Early Tender Deadline, subject to the Aggregate Tender Cap, the Tender Sub-Caps and proration, Securities validly tendered and not validly withdrawn at or prior to the Early Tender Deadline will be accepted for purchase in priority to Securities validly tendered following the Early Tender Deadline even if such Securities validly tendered following the Early Tender Deadline have a higher Acceptance Priority Level than Securities validly tendered at or prior to the Early Tender Deadline.
  • If the Offers are fully subscribed at the Early Tender Deadline, Holders who validly tender Securities following the Early Tender Deadline but on or prior to the Expiration Date will not have any of their Securities accepted for purchase regardless of their Acceptance Priority Level.
  • Additionally, if any of the Tender Sub-Caps is reached in respect of the applicable series of Securities at or prior to the Early Tender Deadline, no Securities of such applicable series that are tendered after the Early Tender Deadline will be accepted for purchase, unless Dell increases the applicable Tender Sub-Cap.

J.B. Poindexter & Co., Inc. Commences Tender Offer for Any and All 7.125% Senior Notes Due 2026

Retrieved on: 
Monday, December 4, 2023

J.B. Poindexter may amend, extend or, subject to certain conditions and applicable law, terminate the Tender Offer at any time in its sole discretion.

Key Points: 
  • J.B. Poindexter may amend, extend or, subject to certain conditions and applicable law, terminate the Tender Offer at any time in its sole discretion.
  • J.B. Poindexter has appointed J.P. Morgan Securities LLC to act as dealer manager for the Tender Offer and has retained D.F.
  • The Tender Offer is being made solely pursuant to the Offer to Purchase and the Notice of Guaranteed Delivery, which set forth the complete terms of the Tender Offer.
  • Holders must make their own decisions as to whether to tender their Notes, and, if so, the principal amount of Notes to tender.

The Tel-Aviv Stock Exchange Reports the Financial Results for the Third Quarter of 2023

Retrieved on: 
Tuesday, November 21, 2023

TASE concludes another strong quarter, marked by continued and sustained organic growth in both revenue and profit across all core activities.

Key Points: 
  • TASE concludes another strong quarter, marked by continued and sustained organic growth in both revenue and profit across all core activities.
  • TEL AVIV, Israel, Nov. 21, 2023 /PRNewswire/ -- The Tel-Aviv Stock Exchange Ltd. (TASE: TASE) today announced its financial results for Q3 2023 that ended on September 30, 2023.
  • The costs in Q3 2023 totaled NIS 72.1 million, compared to NIS 68.8 million in the corresponding quarter last year, an increase of 5%.
  • In the third quarter of 2023, there were 61 trading days, similarly to the number of days in the corresponding quarter last year.

Paramount Global Announces the Pricing Terms of its Maximum Tender Offers for Certain Outstanding Debt Securities

Retrieved on: 
Friday, November 17, 2023

Per $1,000 principal amount of Maximum Offer Securities validly tendered on or prior to the Early Tender Deadline (as defined below) and accepted for purchase.

Key Points: 
  • Per $1,000 principal amount of Maximum Offer Securities validly tendered on or prior to the Early Tender Deadline (as defined below) and accepted for purchase.
  • Paramount reserves the absolute right, subject to applicable law, to: (i) waive any and all conditions applicable to the Maximum Offer; (ii) extend or terminate the Maximum Offer; (iii) increase or decrease the Maximum Offer Amount without extending the Early Tender Deadline or the Maximum Offer Withdrawal Deadline; or (iv) otherwise amend the Maximum Offer in any respect.
  • The solicitation of offers to sell the Maximum Offer Securities is only being made pursuant to the terms of the Offer to Purchase.
  • None of Paramount, the Dealer Managers, the Tender Agent, the trustees with respect to the Maximum Offer Securities or any of their respective affiliates is making any recommendation as to whether Holders should tender their Maximum Offer Securities in connection with the Maximum Offer.