Consent

Revlon Consumer Products Corporation Announces Extension of Early Tender Deadline in Exchange Offer and Consent Solicitation

Friday, August 7, 2020 - 9:30pm

The Exchange Offer and the Consent Solicitation are being conducted upon the terms and subject to the conditions set forth in a Confidential Offering Memorandum and Consent Solicitation Statement dated July 27, 2020 (the Offering Memorandum).

Key Points: 
  • The Exchange Offer and the Consent Solicitation are being conducted upon the terms and subject to the conditions set forth in a Confidential Offering Memorandum and Consent Solicitation Statement dated July 27, 2020 (the Offering Memorandum).
  • Except as set forth above, all other terms of the Exchange Offer and the Consent Solicitation remain the same.
  • Holders of the Existing Notes should read carefully the Offering Memorandum before making any decision with respect to the Exchange Offer and Consent Solicitation.
  • Revlon, Inc. and RCPC have the right to amend, terminate or withdraw the Exchange Offer and the Consent Solicitation, at any time and for any reason, including if any of the conditions to the Exchange Offer is not satisfied.

WESCO Announces Agreement with Canadian Competition Bureau

Thursday, August 6, 2020 - 9:05pm

WESCO International, Inc. (NYSE: WCC) today announced that it has reached a Consent Agreement with the Competition Bureau of Canada (Bureau) regarding its merger with Anixter International.

Key Points: 
  • WESCO International, Inc. (NYSE: WCC) today announced that it has reached a Consent Agreement with the Competition Bureau of Canada (Bureau) regarding its merger with Anixter International.
  • As previously announced, the closing of the merger transaction with Anixter occurred on June 22, 2020 after the expiry of the applicable waiting period under Canadian competition law.
  • WESCO has been working cooperatively with the Bureau to resolve outstanding matters, and the Consent Agreement involves a commitment to divest the legacy WESCO Utility and Datacom businesses in Canada, which had total sales of approximately $150 million in 2019.
  • John Engel, Chairman, President, and Chief Executive Officer, said, We are pleased to reach this agreement with the Commissioner of Competition and to resolve the Bureaus remaining concerns.

Following a Court Hearing, the Republic of Ecuador Agrees Extend the Consent Deadline and the Expiration Date of its Invitation to Restructure its Bonds for One Business Day

Thursday, July 30, 2020 - 8:42pm

The terms and conditions of the Invitation are described in the invitation memorandum dated July 20, 2020 (the "Invitation Memorandum").

Key Points: 
  • The terms and conditions of the Invitation are described in the invitation memorandum dated July 20, 2020 (the "Invitation Memorandum").
  • As set forth in the Invitation Memorandum, the Republic reserved the right in its sole discretion to extend the Consent Deadline and Expiration Date at any time.
  • The Invitation to Exchange and the Consent Solicitation, together, are hereinafter referred to as the "Invitation".
  • As set forth in the Invitation, the Consent Deadline and the Expiration Date are scheduled for 5:00 p.m. Central European time on July 31, 2020 (the "Original Consent Deadline and Expiration Date").

Rite Aid Announces Final Results of Its Previously Announced Exchange Offer and Related Consent Solicitation

Friday, July 24, 2020 - 9:15pm

The Consent Payment was payable in respect of Consents received prior to the Consent Deadline.

Key Points: 
  • The Consent Payment was payable in respect of Consents received prior to the Consent Deadline.
  • Rite Aid will accept for purchase all Old Notes validly tendered (and not validly withdrawn) prior to the Expiration Time.
  • The Exchange Offer and Consent Solicitation were only made pursuant to the Offering Memorandum.
  • Rite Aid Corporation is on the front lines of delivering health care services and retail products to over 1.6 million Americans daily.

Northern Oil and Gas, Inc. Announces Termination of Consent Solicitation

Thursday, July 16, 2020 - 11:00pm

Northern Oil and Gas, Inc. (NYSE American: NOG) (Northern or the Company) today announced that it is terminating the previously announced consent solicitation (the consent solicitation) related to the Companys 8.50% Senior Secured Second Lien Notes due 2023 (the Notes) described in the Consent Solicitation Statement, dated as of July 2, 2020.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE American: NOG) (Northern or the Company) today announced that it is terminating the previously announced consent solicitation (the consent solicitation) related to the Companys 8.50% Senior Secured Second Lien Notes due 2023 (the Notes) described in the Consent Solicitation Statement, dated as of July 2, 2020.
  • The deadline for holders to deliver (and not revoke) consents in the consent solicitation in order to be entitled to receive the consent fee (the Expiration Time) expired at 5:00 p.m., New York City time, on July 15, 2020.
  • As of the Expiration Time, the Company had not received the consent of holders of at least a majority in aggregate principal amount outstanding of the Notes.
  • Rather than extend the Expiration Time, the Company has determined to terminate the consent solicitation.

Rite Aid Announces Early Results and Increase in the Maximum Amount and Exchange Consideration of its Previously Announced Exchange Offer and Related Consent Solicitation

Friday, July 10, 2020 - 1:30pm

The Exchange Offer will expire at 11:59 p.m., New York City time, on July 23, 2020 (the Expiration Time).

Key Points: 
  • The Exchange Offer will expire at 11:59 p.m., New York City time, on July 23, 2020 (the Expiration Time).
  • The Company reserves the right to amend, extend or terminate the Exchange Offer at any time, subject to applicable law.
  • The Exchange Offer and Consent Solicitation are subject to certain customary conditions described in the Offering Memorandum.
  • The complete terms and conditions of the Exchange Offer and Consent Solicitation are set forth in the Offering Memorandum.

Republic of Suriname Announces Successful Results of Consent Solicitation

Thursday, July 9, 2020 - 11:46am

Following acceptance of the Requisite Consents, the Republic will be executing a supplemental indenture to the indenture governing the 2023 Notes, and an amended and restated Accounts Agreement, effecting the proposed amendments and the waiver approved in the Consent Solicitation and described in the Consent Solicitation Statement dated as of June 30, 2020 (the "Consent Solicitation Statement").

Key Points: 
  • Following acceptance of the Requisite Consents, the Republic will be executing a supplemental indenture to the indenture governing the 2023 Notes, and an amended and restated Accounts Agreement, effecting the proposed amendments and the waiver approved in the Consent Solicitation and described in the Consent Solicitation Statement dated as of June 30, 2020 (the "Consent Solicitation Statement").
  • The proposed amendments and waiver will not become effective until the Consent Payment (as defined below) has been paid.
  • As of the date of the Consent Solicitation Statement, US$125,000,000 in aggregate principal amount of the 2023 Notes remained outstanding.
  • The Republic expects to pay holders of 2023 Notes whose consents were validly delivered and accepted by the Republic (the "Consent Payment") promptly in accordance with the Consent Solicitation Statement.

AMC Entertainment Holdings, Inc. Announces Extension of Early Deadline, Withdrawal Deadline and Expiration Time of Private Exchange Offers and Consent Solicitations

Wednesday, July 8, 2020 - 12:15am

The Exchange Offers and Consent Solicitations are being made only pursuant to the Offering Memorandum.

Key Points: 
  • The Exchange Offers and Consent Solicitations are being made only pursuant to the Offering Memorandum.
  • The Offering Memorandum and other documents relating to the Exchange Offers and Consent Solicitations will be distributed only to eligible holders.
  • Holders who desire a copy of the eligibility letter should contact Global Bondholder Services Corporation, the information agent for the Exchange Offers and Consent Solicitations, at (866) 470-4300 (U.S.
  • AMC does not intend, and undertakes no duty, to update any information contained herein to reflect future events or circumstances, except as required by applicable law.

Barclays Bank PLC Announces Commencement of Cash Tender Offer and Consent Solicitation

Monday, July 6, 2020 - 1:30pm

Noteholders who validly tender (and do not validly withdraw) their Notes will be deemed to have consented to the Proposed Amendment under the Consent Solicitation.

Key Points: 
  • Noteholders who validly tender (and do not validly withdraw) their Notes will be deemed to have consented to the Proposed Amendment under the Consent Solicitation.
  • The Offer and Consent Solicitation are being made on the terms and subject to the conditions and restrictions set out in the Offer to Purchase and Consent Solicitation Statement dated July 6, 2020 (as amended or supplemented from time to time, the Statement).
  • A majority in aggregate principal amount of outstanding Notes (the Consent Threshold) is required to approve the Proposed Amendment.
  • King & Co., Inc. (the Tender Agent) via facsimile or email prior to the Expiration Deadline to tender or withdraw tender of its Notes.

Cincinnati Bell Inc. Announces Expiration And Results Of Consent Solicitations For 7.000% Senior Notes Due 2024 And 8.000% Senior Notes Due 2025

Monday, July 6, 2020 - 1:00pm

All capitalized terms used in this press release but not defined herein have the meaning given to them in the Consent Solicitation Statement.

Key Points: 
  • All capitalized terms used in this press release but not defined herein have the meaning given to them in the Consent Solicitation Statement.
  • The Consent Solicitations expired at 5:00 p.m., New York City time, on July 2, 2020 (the "Expiration Time").
  • King & Co., Inc., approximately 90.00% of the outstanding 2024 Notes, andapproximately 85.00% of the outstanding 2025 Notes, had been validly consented to and not revoked in the Consent Solicitations.
  • Cincinnati Bell undertakes no, and expressly disclaims any, obligation to revise or update any forward-looking statements for any reason, except as required by applicablelaw.