Mini-tender offer

Murphy Oil Corporation Announces Early Results and Increase of 2027 Maximum Subcap of Cash Tender Offers for Outstanding Debt Securities

Retrieved on: 
Monday, November 20, 2023

The 2027 Maximum SubCap represents the maximum aggregate principal amount in respect of the 2027 Notes being purchased at Acceptance Priority Level “1”.

Key Points: 
  • The 2027 Maximum SubCap represents the maximum aggregate principal amount in respect of the 2027 Notes being purchased at Acceptance Priority Level “1”.
  • Acceptance for tenders of 2027 Notes will be subject to proration at Acceptance Priority Level “1” because the aggregate principal amount of 2027 Notes validly tendered resulted in the aggregate principal amount of 2027 Notes exceeding the 2027 Maximum SubCap.
  • All conditions were satisfied or waived by the Company at the Early Tender Date.
  • The Company intends to fund the purchase of validly tendered and accepted Notes on the Early Settlement Date with available cash on hand.

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Early Tender Time, $82,382,000 aggregate principal amount of the 2029 notes had been validly tendered and not validly withdrawn.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Early Tender Time, $82,382,000 aggregate principal amount of the 2029 notes had been validly tendered and not validly withdrawn.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

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.

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.

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.

Bombardier Increases the Maximum Amount Sought Under its Cash Tender Offer Previously Announced Today

Retrieved on: 
Tuesday, November 7, 2023

Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Offer to Purchase dated November 6, 2023 (as amended hereby, the “Offer to Purchase”) with respect to the Tender Offer.

Key Points: 
  • Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Offer to Purchase dated November 6, 2023 (as amended hereby, the “Offer to Purchase”) with respect to the Tender Offer.
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Bombardier has retained Deutsche Bank Securities Inc. and RBC Capital Markets, LLC to serve as dealer managers for the Tender Offer.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.