Offer

Constellium Announces Settlement of Cash Tender Offer For Any and All of its Outstanding 6.625% Senior Notes due 2025

Retrieved on: 
Wednesday, February 24, 2021
Corporate finance, Stock market, Tender offer, Procurement, Tender, Invitation to tender, Offer, Security, Economy

Tendering Holders will also receive accrued and unpaid interest to, but not including, the Settlement Date (as defined below) for the Notes purchased pursuant to the Tender Offer.

Key Points: 
  • Tendering Holders will also receive accrued and unpaid interest to, but not including, the Settlement Date (as defined below) for the Notes purchased pursuant to the Tender Offer.
  • Concurrently with the commencement of the Tender Offer, the Company called for redemption, subject to certain conditions, of all of the outstanding Notes (the Redemption).
  • As previously announced, the Company made the Tender Offer in connection with its offering of $500 million aggregate principal amount of 3.750% Sustainability-Linked Senior Notes due 2029 (the Notes Offering).
  • The Company has retained Deutsche Bank Securities Inc. to act as dealer manager in connection with the Tender Offer.

Microchip Technology Recommends Stockholders Reject TRC Capital’s “Mini-Tender Offer”

Retrieved on: 
Monday, February 22, 2021
Corporate finance, Mini-tender offer, Tender offer, Microchip Technology, Microchip implant, Microchip, Offer, TRC, Financial economics, Trade, Fictional characters

Microchip does not endorse TRC Capitals mini-tender offer and recommends that Microchip stockholders reject the offer and not tender their shares in response to the offer.

Key Points: 
  • Microchip does not endorse TRC Capitals mini-tender offer and recommends that Microchip stockholders reject the offer and not tender their shares in response to the offer.
  • Microchip is not associated in any way with TRC Capital, its mini-tender offer or the offer documentation.
  • TRC Capitals mini-tender offer is at a price below the market price for Microchip shares (as of February 19, 2021) and is subject to numerous conditions.
  • Microchip requests that a copy of this news release be included with all distributions of materials relating to TRC Capitals mini-tender offer.

Kraft Heinz Commences Cash Tender Offer for Up To $1.0 Billion Aggregate Purchase Price of Certain of its Outstanding Notes

Retrieved on: 
Monday, February 22, 2021
Retail, Professional services, Food, Beverage, Finance, Corporate finance, Tender, Ship's tender, Offer, Monetary reform, Legal tender, Economy, Mini-tender offer

(2) Per $1,000 principal amount of Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time and accepted for purchase.

Key Points: 
  • (2) Per $1,000 principal amount of Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time and accepted for purchase.
  • However, if the Tender Offer is fully subscribed as of the Early Tender Time, Holders who validly tender their Notes after the Early Tender Time will not have any of their Notes accepted for purchase.
  • The terms and conditions of the Tender Offer are described in the Offer to Purchase, and this press release must be read in conjunction with the Offer to Purchase.
  • The Offer to Purchase contains important information that should be read carefully before any decision is made with respect to the Tender Offer.

Coeur Mining, Inc. Announces Cash Tender Offer for its Outstanding 5.875% Senior Notes Due 2024

Retrieved on: 
Monday, February 22, 2021
Mining, Minerals, Natural Resources, Corporate finance, Tender offer, Tender, Offer

Coeur Mining, Inc. (NYSE: CDE) (Coeur or the Company), today announced that it has commenced a cash tender offer (the Tender Offer) to purchase any and all of its 5.875% Senior Notes due 2024 (the Notes).

Key Points: 
  • Coeur Mining, Inc. (NYSE: CDE) (Coeur or the Company), today announced that it has commenced a cash tender offer (the Tender Offer) to purchase any and all of its 5.875% Senior Notes due 2024 (the Notes).
  • The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated February 22, 2021 (the Offer to Purchase).
  • The Company may amend, extend or terminate the Tender Offer in its sole discretion and subject to applicable law.
  • The Company intends to deliver a notice of redemption in order to redeem any Notes outstanding following the consummation of the Tender Offer.

Spectrum Brands Announces Increase of Tender Cap of its Tender Offer for 5.75% Senior Notes Due 2025

Retrieved on: 
Saturday, February 20, 2021
Landscape, Home Goods, Other Retail, Retail, Construction & Property, Corporate finance, RBC Capital Markets, Royal Bank of Canada, Tender, Offer, Financial services

Spectrum Brands has retained RBC Capital Markets, LLC to serve as the Dealer Manager for the 2025 Notes Tender Offer.

Key Points: 
  • Spectrum Brands has retained RBC Capital Markets, LLC to serve as the Dealer Manager for the 2025 Notes Tender Offer.
  • Questions regarding the 2025 Notes Tender Offer may be directed to RBC Capital Markets, LLC at (877) 381-2099 (toll-free) or (212) 618-7843 (collect).
  • The 2025 Notes Tender Offer is being made solely by the 2025 Notes Statement.
  • Holders must make their own decision as to whether to tender 2025 Notes and, if so, the principal amount of the 2025 Notes to tender.

COMSTOCK RESOURCES, INC. ANNOUNCES CASH TENDER OFFER FOR UP TO $750.0 MILLION AGGREGATE PURCHASE PRICE OF OUTSTANDING SENIOR NOTES

Retrieved on: 
Thursday, February 18, 2021
Corporate finance, Tender offer, Invitation to tender, Tender, Offer, Contract law, Economy, Business

The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated February 18, 2021 (the "Offer to Purchase").

Key Points: 
  • The terms and conditions of the Tender Offers are described in an Offer to Purchase, dated February 18, 2021 (the "Offer to Purchase").
  • Holders of Notes tendering their Notes after the Early Tender Date will only be eligible to receive the applicable Tender Offer Consideration for such series, which is the applicable Total Consideration minus the Early Tender Premium.
  • No offer, solicitation, purchase or sale will be made in any jurisdiction in which such offer, solicitation, or sale would be unlawful.
  • The offer is being made solely pursuant to the terms and conditions set forth in the Offer to Purchase.

Grand City Properties S.A. announces result of public tender offer to buy back own shares

Retrieved on: 
Wednesday, February 17, 2021
Corporate finance, Stock market, Equity securities, Tender offer, Stock, Offer, Share

Until expiry of the acceptance period on 12 February 2021, 24:00 CET, 3,370,708 shares of the Company have been validly tendered into the offer.

Key Points: 
  • Until expiry of the acceptance period on 12 February 2021, 24:00 CET, 3,370,708 shares of the Company have been validly tendered into the offer.
  • In accordance to the tender offer document and based on the number of shares tendered into the offer, the final purchase price for all shares validly tendered is 21.25 per share.
  • The settlement of the tender offer is expected on 23 February 2021.
  • The shares of the Company are listed on the Prime Standard segment of Frankfurt Stock Exchange.

Constellation Brands Recommends Shareholders Reject TRC Capital’s “Mini-Tender Offer”

Retrieved on: 
Thursday, February 11, 2021
Corporate finance, Tender offer, Mini-tender offer, Offer, Constellation, Tender, Companies, Economy of the United States

Constellation is not associated in any way with TRC, TRCs mini-tender offer or TRCs mini-tender offer documents.

Key Points: 
  • Constellation is not associated in any way with TRC, TRCs mini-tender offer or TRCs mini-tender offer documents.
  • Constellation does not endorse TRCs mini-tender offer and recommends that Constellation stockholders do not tender their shares in response to the offer.
  • Constellation cautions stockholders that the mini-tender offer has been made at a price below the market price.
  • Constellation requests that a copy of this press release be included with all distributions of materials relating to TRCs mini-tender offer.

PulteGroup Announces Early Results of Cash Tender Offers

Retrieved on: 
Thursday, February 11, 2021
Other Construction & Property, Residential Building & Real Estate, Construction & Property, Building Systems, Corporate finance, Tender offer, Tender, Ship's tender, Offer, Legal tender, Economy

Subject to satisfaction of the conditions to the Tender Offers set forth in the Offer to Purchase, the Company expects to accept and pay for Notes tendered prior to the Early Tender Time, subject to proration described herein, on or about February 12, 2021 (the Early Settlement Date).

Key Points: 
  • Subject to satisfaction of the conditions to the Tender Offers set forth in the Offer to Purchase, the Company expects to accept and pay for Notes tendered prior to the Early Tender Time, subject to proration described herein, on or about February 12, 2021 (the Early Settlement Date).
  • Holders of Notes that have been validly tendered (and not validly withdrawn) by the Early Tender Time and accepted for purchase will receive the applicable Total Consideration set forth in the table above, which includes an early tender premium of $30.00 per $1,000 principal amount of the Notes accepted for purchase (the Early Tender Premium).
  • Consequently, although, the Tender Offers are scheduled to expire at 11:59 p.m., New York City time, at the end of February 25, 2021, the Company does not expect to accept for purchase any tenders of Notes after the Early Tender Time.
  • The Tender Offers are subject to the satisfaction of the conditions described in the Offer to Purchase.

RPM Recommends Stockholders Reject TRC Capital’s “Mini-Tender” Offer

Retrieved on: 
Tuesday, February 9, 2021
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Chemicals, Plastics, Home Goods, Manufacturing, Building Systems, Retail, Residential Building & Real Estate, Corporate finance, Mini-tender offer, Tender offer, RPM Package Manager, Offer, Stock, Tender, Economy, Academic disciplines

RPM is not associated with TRC Capital, TRC Capitals mini-tender offer or TRC Capitals mini-tender offer documentation.

Key Points: 
  • RPM is not associated with TRC Capital, TRC Capitals mini-tender offer or TRC Capitals mini-tender offer documentation.
  • RPM recommends that stockholders reject TRC Capitals unsolicited mini-tender offer.
  • TRC Capitals mini-tender offer also is subject to numerous conditions, including TRC Capital obtaining sufficient financing necessary to consummate the mini-tender offer and there being no decrease in the market price for shares of RPMs common stock.
  • RPM requests that a copy of this news release be included with all distributions of materials relating to TRC Capitals mini-tender offer related to shares of RPMs common stock.