Tender

Paramount Global Announces Early Tender Results of its Maximum Tender Offers for Certain Outstanding Debt Securities

Retrieved on: 
Friday, November 17, 2023

As of 5:00 p.m., New York City time, on November 16, 2023 (the "Maximum Offer Withdrawal Deadline"), Maximum Offer Securities validly tendered in the Maximum Offer may no longer be withdrawn except in certain limited circumstances where additional withdrawal rights are required by law.

Key Points: 
  • As of 5:00 p.m., New York City time, on November 16, 2023 (the "Maximum Offer Withdrawal Deadline"), Maximum Offer Securities validly tendered in the Maximum Offer may no longer be withdrawn except in certain limited circumstances where additional withdrawal rights are required by law.
  • Although the Maximum Offer is scheduled to expire at 5:00 p.m., New York City time, on December 4, 2023 (such date and time, as may be extended or earlier terminated by Paramount), because the Maximum Offer was fully subscribed as of the Early Tender Deadline, Paramount does not expect to accept for purchase any Maximum Offer Securities tendered after the Early Tender Deadline.
  • 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.
  • 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.

Paramount Global Announces the Expiration and Results of its Any and All Tender Offers for Certain Outstanding Debt Securities

Retrieved on: 
Friday, November 10, 2023

Holders are urged to read the Offer to Purchase carefully before making any decision with respect to the Maximum Offers.

Key Points: 
  • Holders are urged to read the Offer to Purchase carefully before making any decision with respect to the Maximum Offers.
  • The information agent and tender agent for the Any and All Offers is Global Bondholder Services Corporation.
  • Copies of the Offer to Purchase and the Notice of Guaranteed Delivery may be accessed at the following link: https://www.gbsc-usa.com/paramount .
  • The solicitation of offers to sell the Any and All Securities is only being made pursuant to the terms of the Offer to Purchase.

Paramount Global Announces the Pricing Terms of its Any and All Tender Offers for Certain Outstanding Debt Securities

Retrieved on: 
Thursday, November 9, 2023

RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC are acting as the dealer managers for the Any and All Offers (together, the "Dealer Managers").

Key Points: 
  • RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC are acting as the dealer managers for the Any and All Offers (together, the "Dealer Managers").
  • The information agent and tender agent for the Any and All Offers is Global Bondholder Services Corporation (the "Tender Agent").
  • Copies of the Offer to Purchase and the Notice of Guaranteed Delivery may be accessed at the following link: https://www.gbsc-usa.com/paramount .
  • The solicitation of offers to sell the Any and All Securities is only being made pursuant to the terms of the Offer to Purchase.

EQS-News: Deutsche Bank AG Announces Tender Offer for Trust Preferred Securities issued by Deutsche Postbank Funding Trust I and issued by Deutsche Postbank Funding Trust III

Retrieved on: 
Thursday, December 14, 2023

This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to either Offer.

Key Points: 
  • This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to either Offer.
  • Any individual or company whose Trust Preferred Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Trust Preferred Securities pursuant to the Offers.
  • None of the Offeror, the Dealer Manager and the Tender Agent makes any recommendation as to whether Holders should tender Trust Preferred Securities pursuant to the Offers.
  • Neither this announcement nor the Tender Offer Memorandum constitutes an offer to buy or a solicitation of an offer to sell Trust Preferred Securities (and tenders of Trust Preferred Securities in either Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful.

Studio City Finance Limited Announces Tender Offer for Up to US$75 Million of Its 6.000% Senior Notes due 2025

Retrieved on: 
Thursday, November 9, 2023

MACAU, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Studio City Finance Limited (“Studio City Finance”) today announces that it has initiated a cash tender offer for up to an aggregate principal amount of US$75 million (the “Maximum Tender Amount”) 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. 09, 2023 (GLOBE NEWSWIRE) -- Studio City Finance Limited (“Studio City Finance”) today announces that it has initiated a cash tender offer for up to an aggregate principal amount of US$75 million (the “Maximum Tender Amount”) of its outstanding 6.000% senior notes due 2025 (ISIN: US86389QAE26 and USG85381AE48) (the “Notes” and such tender offer, the “Tender Offer”).
  • The Tender Offer will expire at 5:00 p.m., New York City time, on December 8, 2023, unless extended or terminated by Studio City Finance (the “Expiration Time”).
  • If the Tender Offer is fully subscribed as of the Early Tender Date, holders who validly tender Notes following the Early Tender Date will not have any of their Notes accepted for payment unless Studio City Finance increases the Maximum Tender Amount.
  • Studio City Finance has appointed Kroll Issuer Services Limited to serve as the tender and information agent for the Tender Offer.

Rebellyous Receives Vizient Contract for Plant-Based Chicken

Retrieved on: 
Wednesday, November 8, 2023

SEATTLE, Nov. 8, 2023 /PRNewswire-PRWeb/ -- Plant-based meat manufacturing technology company Rebellyous Foods has been awarded a contract from Vizient, a group purchasing organization which represents $130 billion in annual purchasing volume across the healthcare sector as well as through channel partners serving colleges, universities, school districts and other industries. The agreement was effective Nov. 1.

Key Points: 
  • "Vizient's customer base has a national presence — increasing their plant-based portfolio can have an impact on the planet and public health," said Lauren Pitts, MA, RD, Rebellyous Sr. Food Service Account Manager.
  • "We are thrilled to be working with Vizient."
  • Rebellyous' Nuggets, Patties, and Tenders are 100% vegan with no cholesterol, antibiotics, or hormones, and less saturated fat and sodium than conventional chicken products.
  • "We are thrilled to be working with Vizient and looking forward to providing their customers with delicious, cost-effective, and sustainable plant-based chicken."

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

Retrieved on: 
Wednesday, November 8, 2023

The Total Consideration includes an early tender payment (the “Early Tender Payment”) of $30.00 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).

Key Points: 
  • The Total Consideration includes an early tender payment (the “Early Tender Payment”) of $30.00 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to the Tender Offer Consideration (as defined below).
  • NOVA Chemicals is making the Tender Offer only in those jurisdictions where it is legal to do so.
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • 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.

SEE Announces Cash Tender Offer For Any and All 5.125% Senior Notes Due 2024

Retrieved on: 
Wednesday, November 8, 2023

Additionally, SEE intends, but is not obligated, to satisfy and discharge any outstanding Notes that are not tendered in the Tender Offer.

Key Points: 
  • Additionally, SEE intends, but is not obligated, to satisfy and discharge any outstanding Notes that are not tendered in the Tender Offer.
  • SEE is not soliciting consents from holders of securities in connection with the Tender Offer.
  • 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.

Coty Inc. Announces Cash Tender Offers for Up to $400 Million Outstanding Debt Securities

Retrieved on: 
Tuesday, November 7, 2023

Per $1,000 principal amount of Notes validly tendered on or prior to the Early Tender Date and accepted for purchase by the Company.

Key Points: 
  • Per $1,000 principal amount of Notes validly tendered on or prior to the Early Tender Date and accepted for purchase by the Company.
  • The Tender Offers are subject to the satisfaction or waiver of certain conditions which are specified in the Offer to Purchase.
  • BofA Securities, Inc. and J.P. Morgan Securities LLC are serving as Dealer Managers in connection with the applicable Tender Offers.
  • Investors with questions regarding the terms and conditions of the Tender Offers may contact the dealer managers as follows

NRG Energy, Inc. Announces Cash Tender Offers for Up to $600 Million Aggregate Principal Amount of its Outstanding 3.875% Senior Notes due 2032, 3.625% Senior Notes due 2031 and 3.375% Senior Notes due 2029

Retrieved on: 
Monday, November 6, 2023

Holders of Notes who validly tender their Notes after the Early Tender Date but at or prior to the Expiration Date will not be eligible to receive the Early Tender Payment and will therefore only be eligible to receive the applicable Tender Offer Consideration.

Key Points: 
  • Holders of Notes who validly tender their Notes after the Early Tender Date but at or prior to the Expiration Date will not be eligible to receive the Early Tender Payment and will therefore only be eligible to receive the applicable Tender Offer Consideration.
  • The Tender Offer is not conditioned upon the tender of any minimum principal amount of Notes of such series or of the other series.
  • King & Co., Inc., the tender agent and information agent for the Tender Offer (the “Tender and Information Agent”).
  • NRG is making the Tender Offer only in those jurisdictions where it is legal to do so.