Solicitation

SiriusPoint Announces Pricing of Tender Offer for 4.600% Senior Notes due 2026

Retrieved on: 
Thursday, April 4, 2024

Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.

Key Points: 
  • Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.
  • Those who validly tender 2026 Notes and deliver consents after the Early Expiration Time will receive the Total Consideration, less $50, for each $1,000 principal amount of accepted 2026 Notes.
  • The Tender Offer expires at 5:00 p.m., New York City time, on April 19, 2024, unless extended or earlier terminated by SiriusPoint (the “Tender Offer Expiration”).
  • SiriusPoint has further reserved the right, in its sole discretion, not to accept any tenders of 2026 Notes or deliveries of consents with respect to the 2026 Notes.

Cumulus Media Announces Further Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

Retrieved on: 
Wednesday, April 3, 2024

The Exchange Offer and Consent Solicitation will expire at the Further Extended Expiration Time, unless extended or terminated.

Key Points: 
  • The Exchange Offer and Consent Solicitation will expire at the Further Extended Expiration Time, unless extended or terminated.
  • Questions or requests for assistance related to the Exchange Offer and Consent Solicitation or for additional copies of the Exchange Offer Documents may be directed to D.F.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offer and Consent Solicitation.
  • The Exchange Offer and Consent Solicitation is being made solely by the Offering Memorandum.

Cumulus Media Announces Extension of Expiration Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

Retrieved on: 
Wednesday, March 27, 2024

The Exchange Offer and Consent Solicitation will expire at the New Expiration Time, unless extended or terminated.

Key Points: 
  • The Exchange Offer and Consent Solicitation will expire at the New Expiration Time, unless extended or terminated.
  • Questions or requests for assistance related to the Exchange Offer and Consent Solicitation or for additional copies of the Exchange Offer Documents may be directed to D.F.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offer and Consent Solicitation.
  • The Exchange Offer and Consent Solicitation is being made solely by the Offering Memorandum.

SiriusPoint Announces Notes Offering, Tender Offer for 4.600% Senior Notes due 2026 and Redemption of 7.00% Senior Notes due 2025

Retrieved on: 
Thursday, March 21, 2024

Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.

Key Points: 
  • Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.
  • Those who validly tender 2026 Notes and deliver consents after the Early Expiration Time will receive the Total Consideration, less $50, for each $1,000 principal amount of accepted 2026 Notes.
  • The Tender Offer will expire at 5:00 p.m., New York City time, on April 19, 2024, unless extended or earlier terminated by SiriusPoint (the “Tender Offer Expiration”).
  • No recommendation is made as to whether holders should tender their 2026 Notes or deliver their consents with respect to the 2026 Notes.

Cumulus Media Announces Extension of Early Tender Time in Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

Retrieved on: 
Tuesday, March 12, 2024

The Exchange Offer and Consent Solicitation will expire at 5:00 p.m., New York City Time, on March 26, 2024 (the “Expiration Time”), unless extended or terminated.

Key Points: 
  • The Exchange Offer and Consent Solicitation will expire at 5:00 p.m., New York City Time, on March 26, 2024 (the “Expiration Time”), unless extended or terminated.
  • Questions or requests for assistance related to the Exchange Offer and Consent Solicitation or for additional copies of the Exchange Offer Documents may be directed to D.F.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offer and Consent Solicitation.
  • The Exchange Offer and Consent Solicitation is being made solely by the Offering Memorandum.

Barclays Bank PLC Updates Announcement of 16 Cash Tender Offers and Consent Solicitations

Retrieved on: 
Thursday, April 4, 2024

As of 5:00 p.m., New York City time, on April 3, 2024, Noteholders have validly tendered the number of Notes specified in Table 2 above.

Key Points: 
  • As of 5:00 p.m., New York City time, on April 3, 2024, Noteholders have validly tendered the number of Notes specified in Table 2 above.
  • The Purchase Price is payable on June 12, 2024, unless the relevant Offer is further extended or early terminated by the Issuer.
  • In addition, the Notes of any Series may trade at a substantial premium to or discount from the applicable Closing Indicative Note Value.
  • A complete description of the terms and conditions of the Offers is set out in the Statement.

CI Financial Announces Meetings of Debentureholders to be Held on April 4, 2024

Retrieved on: 
Wednesday, March 20, 2024

Accordingly, the Corporation expects the Proposed Amendments to be approved at the meetings, in each case, subject to any proxies that are validly revoked or newly submitted prior to the applicable meeting.

Key Points: 
  • Accordingly, the Corporation expects the Proposed Amendments to be approved at the meetings, in each case, subject to any proxies that are validly revoked or newly submitted prior to the applicable meeting.
  • The Proposed Amendments are further described in the Joint Consent and Proxy Solicitation Statement (the “Solicitation Statement”) dated March 6, 2024, available on CI Financial’s SEDAR+ profile at www.sedarplus.ca .
  • This news release is neither a solicitation of consents or proxies nor an offer to purchase debentures or to sell any securities.
  • The Consent and Proxy Solicitation is being made solely pursuant to the Solicitation Statement.

Cumulus Media Announces Exchange Offer and Consent Solicitation Relating to 6.750% Senior Secured First-Lien Notes due 2026

Retrieved on: 
Tuesday, February 27, 2024

In conjunction with the Exchange Offer, the Issuer is also soliciting consents (the “Consent Solicitation”) to amend certain provisions in the Old Notes Indenture (the “Proposed Amendments”).

Key Points: 
  • In conjunction with the Exchange Offer, the Issuer is also soliciting consents (the “Consent Solicitation”) to amend certain provisions in the Old Notes Indenture (the “Proposed Amendments”).
  • Holders may not tender their Old Notes pursuant to the Exchange Offer without delivering a consent with respect to such Old Notes tendered pursuant to the Consent Solicitation, and holders may not deliver a consent pursuant to the Consent Solicitation without tendering the related Old Notes pursuant to the Exchange Offer.
  • The consummation of the Term Loan Exchange Offer is not conditioned on the consummation of the Exchange Offer.
  • King & Co., Inc. will act as the Information Agent and the Exchange Agent for the Exchange Offer.

CI Financial Announces Commencement of Consent Solicitation and Notice of Debentureholder Meetings

Retrieved on: 
Wednesday, March 6, 2024

The proposed amendments are further described in the Joint Consent and Proxy Solicitation Statement (the “Solicitation Statement”) dated March 6, 2024, a copy of which will be mailed to both the 2025 Debentureholders and 2027 Debentureholders.

Key Points: 
  • The proposed amendments are further described in the Joint Consent and Proxy Solicitation Statement (the “Solicitation Statement”) dated March 6, 2024, a copy of which will be mailed to both the 2025 Debentureholders and 2027 Debentureholders.
  • No consent fee will be payable to either the 2025 Debentureholders and 2027 Debentureholders unless both proposed amendments are approved.
  • CI retains the right to waive or modify the terms and conditions of the Consent and Proxy Solicitation at its sole discretion.
  • Questions concerning the meetings and the Consent and Proxy Solicitation, or requests for assistance in participating in the meetings or the Consent and Proxy Solicitation, should be directed to RBC by telephone at (416) 842-6311 or 1-877-381-2099 or by email at [email protected] .

Barclays Bank PLC Updates Announcement of 24 Cash Tender Offers and Consent Solicitations   

Retrieved on: 
Thursday, March 7, 2024

As of 5:00 p.m., New York City time, on March 6, 2024, Noteholders have validly tendered the number of Notes specified in Table 2 above.

Key Points: 
  • As of 5:00 p.m., New York City time, on March 6, 2024, Noteholders have validly tendered the number of Notes specified in Table 2 above.
  • The Purchase Price is payable on April 10, 2024, unless the relevant Offer is further extended or early terminated by the Issuer.
  • In addition, the Notes of any Fixed Price Series may trade at a substantial premium to or discount from the applicable Closing Indicative Note Value.
  • A complete description of the terms and conditions of the Offers is set out in the Statement.