Mini-tender offer

Update on the Regulatory Approvals of the Tender Offer: GF Announces Expiration of U.S. Hart-Scott-Rodino Waiting Period

Retrieved on: 
Wednesday, July 19, 2023

GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

Key Points: 
  • GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
  • The expiration of the waiting period in the U.S.is an important milestone in the Tender Offer and, consequently, with respect to regulatory approvals, the Tender Offer is now conditional only on the merger control approval from the European Commission.
  • UBS AG acts as financial advisor to GF in connection with the Tender Offer and Skandinaviska Enskilda Banken AB (publ) Helsinki Branch ("SEB") as local financial adviser to GF and arranger in connection with the Tender Offer.
  • In addition, GF has retained White & Case LLP as legal advisor in connection with the Tender Offer and Tekir Ltd as communication advisor.

Update on the Regulatory Approvals of the Tender Offer: GF Announces Expiration of U.S. Hart-Scott-Rodino Waiting Period

Retrieved on: 
Wednesday, July 19, 2023

GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

Key Points: 
  • GF announces the expiration of the applicable waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
  • The expiration of the waiting period in the U.S.is an important milestone in the Tender Offer and, consequently, with respect to regulatory approvals, the Tender Offer is now conditional only on the merger control approval from the European Commission.
  • UBS AG acts as financial advisor to GF in connection with the Tender Offer and Skandinaviska Enskilda Banken AB (publ) Helsinki Branch ("SEB") as local financial adviser to GF and arranger in connection with the Tender Offer.
  • In addition, GF has retained White & Case LLP as legal advisor in connection with the Tender Offer and Tekir Ltd as communication advisor.

HP Inc. Announces Pricing for its Cash Tender Offer

Retrieved on: 
Tuesday, July 11, 2023

Therefore, HP does not expect to accept for purchase any tenders of Notes with Acceptance Priority Levels 4 through 7.

Key Points: 
  • Therefore, HP does not expect to accept for purchase any tenders of Notes with Acceptance Priority Levels 4 through 7.
  • Consummation of the Tender Offer is subject to a number of conditions, including the absence of certain adverse legal and market developments.
  • Assuming the Tender Offer is not extended and the conditions to the Tender Offer are satisfied or waived, HP expects that settlement for Notes validly tendered and not validly withdrawn on or before the Early Tender Deadline will be on July 27, 2023 (the “Settlement Date”).
  • BofA Securities, Inc. and J.P. Morgan Securities LLC are serving as the Joint-Lead Dealer Managers in connection with the Tender Offer.

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

Retrieved on: 
Tuesday, July 11, 2023

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 $46.6 trillion in assets under custody and/or administration as of March 31, 2023.

HP Inc. Announces Early Tender Results for Cash Tender Offer; Increase in the Maximum Amount

Retrieved on: 
Tuesday, July 11, 2023

(1)  The aggregate Purchase Price of Notes validly tendered prior to the Early Tender Deadline will likely exceed the Maximum Amount.

Key Points: 
  • (1)  The aggregate Purchase Price of Notes validly tendered prior to the Early Tender Deadline will likely exceed the Maximum Amount.
  • Therefore, HP does not expect to accept for purchase any tenders of Notes at Acceptance Priority Levels 4 through 7.
  • Because the aggregate Purchase Price of Notes validly tendered prior to the Early Tender Deadline will likely exceed the Maximum Amount, HP does not expect to accept any further tenders of Notes.
  • Consummation of the Tender Offer is subject to a number of conditions, including the absence of certain adverse legal and market developments.

Guggenheim Energy & Income Fund Announces Final Results of Tender Offer

Retrieved on: 
Friday, July 7, 2023

NEW YORK, July 07, 2023 (GLOBE NEWSWIRE) -- Guggenheim Energy & Income Fund (“XGEIX” or the “Fund”) announced today the final results for its tender offer for up to 1,119 common shares (“Shares”) of the Fund (approximately 2.5% of the outstanding Shares) at a price equal to the Fund’s net asset value per Share on the day on which the tender offer expired (the “Tender Offer”).

Key Points: 
  • NEW YORK, July 07, 2023 (GLOBE NEWSWIRE) -- Guggenheim Energy & Income Fund (“XGEIX” or the “Fund”) announced today the final results for its tender offer for up to 1,119 common shares (“Shares”) of the Fund (approximately 2.5% of the outstanding Shares) at a price equal to the Fund’s net asset value per Share on the day on which the tender offer expired (the “Tender Offer”).
  • Because the number of Shares tendered exceeds 1,119 Shares, the Tender Offer has been oversubscribed.
  • Therefore, in accordance with the terms and conditions specified in the Tender Offer, the Fund will purchase Shares from all tendering stockholders on a pro rata basis, disregarding fractions.
  • Questions regarding the Tender Offer may be directed to Georgeson LLC, the information agent for the tender offer, at (888) 565-5190.

HP Inc. Commences Cash Tender Offer for Up to $1.0 Billion Aggregate Purchase Price of Certain of its Outstanding Notes

Retrieved on: 
Monday, June 26, 2023

The complete terms of the Tender Offer are set forth in the Offer to Purchase dated June 26, 2023(as it may be amended or supplemented from time to time, the “Offer to Purchase”).

Key Points: 
  • The complete terms of the Tender Offer are set forth in the Offer to Purchase dated June 26, 2023(as it may be amended or supplemented from time to time, the “Offer to Purchase”).
  • Consummation of the Tender Offer is subject to a number of conditions, including the absence of certain adverse legal and market developments.
  • The Tender Offer is not conditioned upon any minimum amount of Notes being tendered.
  • If the Tender Offer is terminated with respect to any Series of Notes without Notes of such Series being accepted for purchase, Notes of such Series tendered pursuant to the Tender Offer will promptly be returned to the tendering Holders.

McKesson Corporation Announces the Expiration and Results of Tender Offer for Any and All 3.796% Notes Due 2024

Retrieved on: 
Tuesday, June 13, 2023

Not including any amount of 2024 Notes submitted pursuant to the guaranteed delivery procedures described in the Offer Documents.

Key Points: 
  • Not including any amount of 2024 Notes submitted pursuant to the guaranteed delivery procedures described in the Offer Documents.
  • Global Bondholder Services Corporation is serving as the depositary agent and information agent for the Tender Offer.
  • This press release is neither an offer to purchase nor a solicitation of an offer to sell any of the 2024 Notes, nor is it a solicitation for acceptance of the Tender Offer.
  • The Company is making the Tender Offer only by, and pursuant to the terms of, the Offer Documents.

McKesson Corporation Announces Pricing Terms of Tender Offer for Any and All 3.796% Notes Due 2024

Retrieved on: 
Tuesday, June 13, 2023

Holders of the 2024 Notes (the “Holders”) may withdraw their validly tendered 2024 Notes as described below.

Key Points: 
  • Holders of the 2024 Notes (the “Holders”) may withdraw their validly tendered 2024 Notes as described below.
  • Holders are urged to read the Offer Documents carefully before making any decision with respect to the Tender Offer.
  • Holders who validly tender their 2024 Notes may validly withdraw their tendered 2024 Notes at any time prior to the earlier of (i) the Expiration Time and (ii) if the Tender Offer is extended, the 10th business day after commencement of the Tender Offer.
  • Holders must make their own decision as to whether to tender any of their 2024 Notes and, if so, the principal amount of 2024 Notes to tender.

Sabre Corporation Announces Early Tender Results and Upsize of Previously Announced Cash Tender Offers by Sabre GLBL Inc.

Retrieved on: 
Monday, June 12, 2023

The Tender Offers remain subject to the satisfaction or waiver of the conditions described in the Offer to Purchase, including the financing for the Tender Offers.

Key Points: 
  • The Tender Offers remain subject to the satisfaction or waiver of the conditions described in the Offer to Purchase, including the financing for the Tender Offers.
  • Any waiver of a condition by Sabre GLBL will not constitute a waiver of any other condition.
  • King & Co., Inc. is the tender and information agent for the Tender Offers.
  • The full details of the Tender Offers, including complete instructions on how to tender Securities, are included in the Offer to Purchase.