Offer

Armstrong Flooring Announces Expiration And Preliminary Results Of Modified “Dutch Auction” Self-Tender Offer

Retrieved on: 
Monday, June 17, 2019
Interior design, Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, Corporate finance, Auction theory, Auctions, Dutch auction, Economic history of the Netherlands, Armstrong Flooring, Tender offer, Repurchase agreement, Flooring, Offer, Economy, Companies

Armstrong Flooring, Inc. (NYSE:AFI) (Armstrong Flooring or the Company) announced today the expiration and preliminary results of its modified Dutch auction self-tender offer to repurchase up to $50,000,000 in cash of its common stock.

Key Points: 
  • Armstrong Flooring, Inc. (NYSE:AFI) (Armstrong Flooring or the Company) announced today the expiration and preliminary results of its modified Dutch auction self-tender offer to repurchase up to $50,000,000 in cash of its common stock.
  • Armstrong Floorings modified Dutch auction self-tender offer expired at 12:00 a.m., New York City time, at the end of June 14, 2019.
  • The number of shares of common stock expected to be repurchased in the self-tender offer is preliminary and subject to change.
  • Armstrong Flooring will fund the repurchase of common stock in the self-tender offer using a portion of its cash and cash equivalents on hand.

Loxam SAS Announces a Recommended Public Cash Tender Offer for Ramirent Plc Shares

Retrieved on: 
Monday, June 10, 2019
Professional services, Finance, Construction & Property, Other Construction & Property, Corporate finance, Tender offer, Tender, Offer

Loxam SAS (Loxam) and Ramirent Plc (Ramirent) announce that they have entered today into a Combination Agreement pursuant to which Loxam will make a voluntary recommended public cash tender offer to purchase all of the issued and outstanding shares of Ramirent.

Key Points: 
  • Loxam SAS (Loxam) and Ramirent Plc (Ramirent) announce that they have entered today into a Combination Agreement pursuant to which Loxam will make a voluntary recommended public cash tender offer to purchase all of the issued and outstanding shares of Ramirent.
  • The completion of the tender offer is subject to certain conditions to be fulfilled or waived by Loxam on the date of the announcement of the final result of the tender offer.
  • THIS RELEASE IS NOT A TENDER OFFER DOCUMENT AND AS SUCH DOES NOT CONSTITUTE AN OFFER OR INVITATION TO MAKE A SALES OFFER.
  • INVESTORS SHALL ACCEPT THE TENDER OFFER FOR THE SHARES ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN A TENDER OFFER DOCUMENT.

Cielo S.A. Announces the Early Tender Results of the Solicitation of Consents for Certain Amendments to the Indenture and related Offer to Purchase for its 3.750% Senior Notes due 2022

Retrieved on: 
Friday, June 7, 2019
Crime, Offer, Solicitation, Sexual consent, Articles, Human behavior, Mini-tender offer

The Cielo Notes can currently only be tendered as part of the Notes Units and cannot be traded separately.

Key Points: 
  • The Cielo Notes can currently only be tendered as part of the Notes Units and cannot be traded separately.
  • The terms and conditions of the Offer are described in the consent solicitation statement and offer to purchase dated May 23, 2019 (the "Offer to Purchase").
  • As previously announced, the early tender deadline for the Offer was 5:00 p.m., New York City time, on June 6, 2019 ("Early Tender Expiration Time").
  • All terms and conditions of the Consent Solicitation and the Offer are described in the Offer to Purchase.

BNN Technology PLC Announces Termination of Tender Offer for Shares of MICT Common Stock

Retrieved on: 
Wednesday, June 5, 2019
Corporate finance, Economy, Television in Canada, BNN Bloomberg, Bell Media, Bloomberg L.P., Stock market, Tender offer, Offer, Stock

NEW YORK, June 5, 2019 /PRNewswire/ --BNN Technology PLC ("BNN") today announced that it has terminated its previously announced tender offer to purchase up to 1,953,423 shares of the common stock of MICT, Inc. (NASDAQ: MICT) ("MICT") at a purchase price of $1.65 per share, net to the seller, in cash.

Key Points: 
  • NEW YORK, June 5, 2019 /PRNewswire/ --BNN Technology PLC ("BNN") today announced that it has terminated its previously announced tender offer to purchase up to 1,953,423 shares of the common stock of MICT, Inc. (NASDAQ: MICT) ("MICT") at a purchase price of $1.65 per share, net to the seller, in cash.
  • As a result of the Investment, the Offer Condition has not been satisfied and therefore BNN has exercised its right to terminate the tender offer.
  • No shares were purchased by BNN in the tender offer and all shares previously tendered but not withdrawn will be promptly returned.
  • This communication constitutes a formal termination of the tender offer, and a formal notification that BNN will not accept for purchase any shares of common stock of MICT tendered in connection with the tender offer.

PulteGroup Announces the Early Results in Connection with Its Previously Announced Tender Offer

Retrieved on: 
Friday, May 31, 2019
Construction & Property, Residential Building & Real Estate, Corporate finance, Tender offer, Tender, Offer, Ship's tender, PHM, Legal tender

PulteGroup, Inc. (NYSE: PHM) (the Company) announced today the results as of 5:00 p.m., New York City time, on May 30, 2019 (the Early Tender Time) of its previously announced cash tender offer (the Tender Offer) to purchase up to $300 million aggregate principal amount (the Maximum Tender Amount) of its 4.250% Senior Notes due 2021 (the Notes).

Key Points: 
  • PulteGroup, Inc. (NYSE: PHM) (the Company) announced today the results as of 5:00 p.m., New York City time, on May 30, 2019 (the Early Tender Time) of its previously announced cash tender offer (the Tender Offer) to purchase up to $300 million aggregate principal amount (the Maximum Tender Amount) of its 4.250% Senior Notes due 2021 (the Notes).
  • As of the Early Tender Time, $274,046,000 aggregate principal amount of the Notes had been validly tendered and not validly withdrawn.
  • The Company is making the Tender Offer only by, and pursuant to, the terms and conditions set forth in the Offer Documents.
  • The Tender Offer is being made solely pursuant to the terms of the Offer Documents.

Neiman Marcus Extends Early Tender Deadline and Expiration Date of the Exchange Offers and Consent Solicitations Relating to Its Existing Unsecured 8.000% Senior Cash Pay Notes Due 2021 and 8.750%/9.500% Senior PIK Toggle Notes Due 2021

Retrieved on: 
Friday, May 31, 2019
Catalog, Department Stores, Luxury, Online Retail, Retail, Cosmetics, Fashion, Specialty, Bridal, NMG, Tender, Ship's tender, Offer

The Company expects the settlement of the Exchange Offers to occur on or about June 7, 2019, unless extended by the Company (the Settlement Date).

Key Points: 
  • The Company expects the settlement of the Exchange Offers to occur on or about June 7, 2019, unless extended by the Company (the Settlement Date).
  • In addition, the right to withdraw tenders of Existing Notes and related consents has expired.
  • Eligible Holders must make their own decision as to whether to tender Existing Notes in the Exchange Offers and, if so, the principal amount of Existing Notes to tender.
  • King & Co., Inc., the information agent for the Exchange Offers, at www.dfking.com/nmg , or by calling (866) 751-6310 or emailing [email protected] .

BNN Technology PLC Announces Further Extension of Expiration Date of Tender Offer for Shares of MICT Common Stock

Retrieved on: 
Wednesday, May 29, 2019
Corporate finance, Finance, Money, Economy, Equity securities, Stock market, Tender offer, Common stock, Offer, BNN Bloomberg, Stock

The tender offer is being made in accordance with the acquisition agreement, dated as of December 18, 2018, between BNN, MICT and other parties thereto (the "Acquisition Agreement").

Key Points: 
  • The tender offer is being made in accordance with the acquisition agreement, dated as of December 18, 2018, between BNN, MICT and other parties thereto (the "Acquisition Agreement").
  • Continental Stock Transfer & Trust Company, the depositary for the tender offer, has advised BNN that, as of 4:00 p.m., EDT, on Wednesday, May 29, 2019, an aggregate of 4,430,701 shares of common stock were properly tendered and not properly withdrawn.
  • MICT's stockholders who have already tendered their shares of common stock of MICT do not need to re-tender their shares or take any other action as a result of the extension of the expiration date of the tender offer.
  • MICT's stockholders may withdraw shares they have previously tendered at any time prior to the extended expiration date of the tender offer.

Armstrong Flooring Announces Commencement of Tender Offer to Repurchase up to $50 Million of its Common Stock

Retrieved on: 
Friday, May 17, 2019
Building Systems, Manufacturing, Other Manufacturing, Architecture, Interior design, Landscape, Urban planning, Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, Other Construction & Property, Corporate finance, Economy, Stock market, Equity securities, Corporations, Tender offer, Tender, Stock, Offer

The tender offer will expire at the end of June 14, 2019 at 12:00 a.m., New York City time, unless the tender offer is extended or withdrawn by the Company.

Key Points: 
  • The tender offer will expire at the end of June 14, 2019 at 12:00 a.m., New York City time, unless the tender offer is extended or withdrawn by the Company.
  • Armstrong Flooring will use a portion of its cash and cash equivalents on hand to fund the repurchase of shares in the tender offer.
  • Innisfree M&A Incorporated (the Information Agent) will serve as information agent for the tender offer and American Stock Transfer & Trust Company, LLC (the Depositary) will serve as depositary for the tender offer.
  • The Company will file a Tender Offer Statement on Schedule TO (the Tender Offer Statement) with the SEC.

YETI Announces Pricing of Secondary Offering of Shares of Common Stock by Selling Stockholders

Retrieved on: 
Wednesday, May 8, 2019
Professional services, Finance, Retail, Specialty, Finance, Money, Economy, Corporate finance, Initial public offering, Stock market, Goldman Sachs, Subprime mortgage crisis, Piper Jaffray, Yeti, Offer, Stock

YETI Holdings, Inc. (YETI) (NYSE: YETI) announced today the pricing of an underwritten public offering (the Offering) of 9,500,000 shares of YETIs common stock by certain of its stockholders at a public offering price of $28.50 per share.

Key Points: 
  • YETI Holdings, Inc. (YETI) (NYSE: YETI) announced today the pricing of an underwritten public offering (the Offering) of 9,500,000 shares of YETIs common stock by certain of its stockholders at a public offering price of $28.50 per share.
  • In addition, the underwriters have been granted a 30-day option to purchase up to 1,425,000 additional shares of common stock from the selling stockholders at the public offering price, less underwriting discounts and commissions.
  • YETI will not receive any proceeds from the sale of shares in the Offering.
  • Goldman Sachs & Co. LLC, Citigroup, Baird, and Piper Jaffray are also acting as joint book-running managers for the Offering.

NRG Energy, Inc. Announces Cash Tender Offer and Concurrent Redemption Notice for Any and All of Its Outstanding 6.25% Senior Notes Due 2024

Retrieved on: 
Tuesday, May 7, 2019
Energy, Alternative energy, Coal, Oil, Gas, Utilities, Other Energy, Nuclear, Corporate finance, Tender offer, Tender, Offer

The tender offer is being made pursuant to an offer to purchase, related letter of transmittal and notice of guaranteed delivery, each dated as of May 7, 2019.

Key Points: 
  • The tender offer is being made pursuant to an offer to purchase, related letter of transmittal and notice of guaranteed delivery, each dated as of May 7, 2019.
  • The tender offer will expire at 5:00 p.m., New York City time, on May 13, 2019 (as such time and date may be extended, the expiration time).
  • The tender offer is not conditioned on any minimum amount of 2024 Notes being tendered.
  • Questions regarding the tender offer may be directed to the Joint Dealer Managers at the telephone numbers shown below: