Legal tender

Applications are Now Being Accepted for Frederick County Office of Economic Development's Virtual Business Accelerator Program

Retrieved on: 
Tuesday, January 31, 2023

FREDERICK, Md., Jan. 31, 2023 /PRNewswire-PRWeb/ -- Frederick County Office of Economic Development and M&T Bank have partnered together to offer a free, virtual 10-week Small Business Accelerator Program to support small and underrepresented businesses in Frederick County. The program will provide businesses with the fundamentals of important business topics led by local subject matter experts, mentors and community leaders. There will also be potential opportunities for businesses to access capital through the program's pitch contest. The virtual program will run from February 22, 2023 through April 26, 2023. Over the 10-week period, sessions will be held on Wednesday evenings from 5:00 p.m. - 6:30 p.m. Although sessions will be held virtually, the program will include in-person networking opportunities. Program applications are currently being accepted and the deadline to apply is February 1, 2023. To apply for the program, businesses can visit https://mtbank.az1.qualtrics.com/jfe/form/SV_8CaUwajHwwPVDiS

Key Points: 
  • A Program for Small and Underrepresented Businesses, in Partnership with M&T Bank
    FREDERICK, Md., Jan. 31, 2023 /PRNewswire-PRWeb/ -- Frederick County Office of Economic Development and M&T Bank have partnered together to offer a free, virtual 10-week Small Business Accelerator Program to support small and underrepresented businesses in Frederick County.
  • This Small Business Accelerator program will allow us to enhance the services that we provide through our EmPOWER Program, designed to create an environment of economic inclusion here in Frederick County.
  • We encourage all small business owners to apply for this excellent program," says Jodie Bollinger, Acting Executive Director for the Frederick County Office of Economic Development.
  • To be eligible for the Small Business Accelerator Program, businesses must be based in Frederick County, in business for two or more years, generating revenue and in good standing with the State of Maryland.

Altera Infrastructure GP LLC Announces Commencement of Exchange Offer and Consent Solicitation for 8.50% Senior Notes due 2023

Retrieved on: 
Thursday, July 29, 2021

Eligible Holders must tender their Old Notes at or prior to the Early Tender Time in order to be eligible to receive the Consent Fee for such Old Notes accepted in the Exchange Offer.

Key Points: 
  • Eligible Holders must tender their Old Notes at or prior to the Early Tender Time in order to be eligible to receive the Consent Fee for such Old Notes accepted in the Exchange Offer.
  • Eligible Holders of Old Notes may not tender Old Notes without delivering the related Consents, and Eligible Holders of Old Notes may not deliver Consents without tendering the related Old Notes.
  • Pursuant to the Exchange and Support Agreement, Altera intends to complete the Brookfield Exchanges regardless of the amount of Old Notes tendered in the Exchange Offer or whether the Exchange Offer is completed.
  • Eligible Holders must make their own decision as to whether to tender Old Notes in the Exchange Offer and, if so, the principal amount of Old Notes to tender.

McKesson Corporation Announces Early Tender Results and Intention to Increase the Tender Cap

Retrieved on: 
Thursday, July 22, 2021

Pursuant to the terms of the Offer, the amount of Notes that will be accepted for purchase is subject to the Tender Cap, including the Tender Cap Increase, if applicable.

Key Points: 
  • Pursuant to the terms of the Offer, the amount of Notes that will be accepted for purchase is subject to the Tender Cap, including the Tender Cap Increase, if applicable.
  • Because the Tender Cap, including the Tender Cap Increase, has been reached in respect of tenders made at or prior to the Early Tender Time, no Notes of any series tendered after the Early Tender Time (regardless of acceptance priority level) will be accepted for purchase.
  • The Company currently expects to accept for purchase 100% of the Notes validly accepted and not validly withdrawn at or prior to the Early Tender Time.
  • McKesson Corporation is a global leader in healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care, and healthcare information solutions.

GE Announces Pricing for its Debt Tender Offers

Retrieved on: 
Tuesday, June 8, 2021

The Any and All Notes, the GE Capital Notes and the GE Company Notes are together referred to as the Notes.

Key Points: 
  • The Any and All Notes, the GE Capital Notes and the GE Company Notes are together referred to as the Notes.
  • The Capital Notes Tender Offer and the Company Notes Tender Offer are together referred to as the Maximum Notes Tender Offers, and each, a Maximum Notes Tender Offer.
  • The Any and All Tender Offer, the Capital Notes Tender Offer and the Company Notes Tender Offer are together referred to as the Tender Offers, and each, a Tender Offer.
  • King & Co., Inc. has been appointed the information and tender agent with respect to the Offers (the Information and Tender Agent).

GE Announces Early Participation Results, Upsizing and the Accepted Tender Amounts for its Debt Tender Offers: Expects to Repurchase $7B

Retrieved on: 
Tuesday, June 8, 2021

The Capital Notes Tender Offer and the Company Notes Tender Offer are together referred to as the Maximum Notes Tender Offers, and each, a Maximum Notes Tender Offer.

Key Points: 
  • The Capital Notes Tender Offer and the Company Notes Tender Offer are together referred to as the Maximum Notes Tender Offers, and each, a Maximum Notes Tender Offer.
  • The Any and All Tender Offer, the Capital Notes Tender Offer and the Company Notes Tender Offer are together referred to as the Tender Offers, and each, a Tender Offer.
  • As previously announced, the Early Participation Date for each Tender Offer was 5:00 p.m., New York City time, on June 7, 2021.
  • The Early Payment Date for each Tender Offer will be promptly following the Early Participation Date and is expected to be on June 9, 2021.

Bombardier Announces Cash Tender Offer for Certain Outstanding Senior Notes

Retrieved on: 
Thursday, June 3, 2021

The Total Consideration includes, in each case, an early tender payment (the Early Tender Payment) of $30 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to, in each case, the applicable Tender Offer Consideration (as defined below).

Key Points: 
  • The Total Consideration includes, in each case, an early tender payment (the Early Tender Payment) of $30 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to, in each case, the applicable Tender Offer Consideration (as defined below).
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.
  • None of the Company, the dealer managers or the information and tender agent makes any recommendations as to whether Holders should tender their Notes pursuant to the Tender Offer.

Sysco Corporation Announces Cash Tender Offer to Purchase Outstanding Senior Notes and Debentures

Retrieved on: 
Thursday, May 20, 2021

Holders that validly tender their Securities after the Early Tender Time and at or prior to the Expiration Time will not be eligible to receive the Early Tender Payment and will be eligible to receive only the Full Tender Offer Consideration minus the Early Tender Payment.

Key Points: 
  • Holders that validly tender their Securities after the Early Tender Time and at or prior to the Expiration Time will not be eligible to receive the Early Tender Payment and will be eligible to receive only the Full Tender Offer Consideration minus the Early Tender Payment.
  • In addition, if the Tender SubCap is reached in respect of tenders of 5.950% Senior Notes made at or prior to the Early Tender Time, no 5.950% Senior Notes tendered after the Early Tender Time will be accepted for purchase, unless we increase the Tender SubCap.
  • Sysco reserves the right, but is not obligated, to increase the Total Tender Cap or the Tender SubCap.
  • The Early Tender Payment is included in the amount of Full Tender Offer Consideration.

Century Aluminum Company Announces Cash Tender Offer for Its 12.0% Senior Secured Notes Due 2025

Retrieved on: 
Monday, April 5, 2021

Following consummation of the Tender Offer, Notes that are purchased pursuant to the Tender Offer will be retired and cancelled and no longer remain outstanding obligations.

Key Points: 
  • Following consummation of the Tender Offer, Notes that are purchased pursuant to the Tender Offer will be retired and cancelled and no longer remain outstanding obligations.
  • Century reserves the right, subject to applicable law, to (i) waive any and all conditions to the Tender Offer, (ii) extend or terminate the Tender Offer or (iii) otherwise amend the Tender Offer in any respect.
  • Notwithstanding such redemption notice, Notes that are validly tendered, not validly withdrawn and accepted for purchase in the Tender Offer will be purchased under the Tender Offer.
  • Holders must make their own decisions as to whether to tender their Notes, and, if so, the principal amount of Notes to tender.

Kohl’s Corporation Announces Cash Tender Offer for up to $1,000,000,000 Aggregate Principal Amount for Certain Notes

Retrieved on: 
Monday, March 29, 2021

Kohls will only accept for purchase Notes up to a combined aggregate principal amount of $1,000,000,000 (the Maximum Amount), subject to the Acceptance Priority Levels.

Key Points: 
  • Kohls will only accept for purchase Notes up to a combined aggregate principal amount of $1,000,000,000 (the Maximum Amount), subject to the Acceptance Priority Levels.
  • Furthermore, if the Tender Offer is fully subscribed as of the Early Tender Deadline, Holders who validly tender Notes after the Early Tender Deadline will not have any of their Notes accepted for payment.
  • 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.
  • The Tender Offer is being made solely pursuant to terms and conditions set forth in the Offer to Purchase.

Prospect Capital Corporation Announces Launch of Cash Tender Offer For Any and All of its Outstanding 5.875% Senior Notes due 2023

Retrieved on: 
Tuesday, March 23, 2021

Assuming the Tender Offer is not extended, the Company expects that the Tender Offer will settle and payment will be made on April 1, 2021 (the Settlement Date).

Key Points: 
  • Assuming the Tender Offer is not extended, the Company expects that the Tender Offer will settle and payment will be made on April 1, 2021 (the Settlement Date).
  • The Tender Offer is not conditioned on any minimum amount of Notes being tendered.
  • King & Co., Inc. to serve as the Information and Tender Agent for the Notes in the Tender Offer.
  • These forward-looking statements include statements regarding expectations as to the completion of the transactions contemplated by the Tender Offer.