Eric Holder

The Province of Tierra del Fuego Extends Expiration Time of its Consent Solicitation

Retrieved on: 
Tuesday, December 12, 2023

TIERRA DEL FUEGO, Argentina, Dec. 11, 2023 /PRNewswire/ -- The Province of Tierra del Fuego (the "Province") today announced that as of 5:00 p.m. (New York City time) on December 11, 2023, 69.36% of holders of Outstanding (as defined below) Notes had validly delivered consents pursuant to the Consent Solicitation. In order to provide Eligible Holders who have not yet participated with additional time to consider and participate in the Consent Solicitation, the Province has extended the Expiration Time of its Consent Solicitations from Eligible Holders of Notes made upon the terms and subject to the conditions set forth in the Province's most recently amended and restated consent solicitation statement dated November 13, 2023 (as it may be amended or supplemented from time to time, the "Consent Solicitation Statement") from 5:00 p.m. (New York City time) on December 11, 2023, to the earlier of (i) 5:00 p.m. (New York City time) on December 22, 2023, and (ii) such date and time as notified by the Province in its sole discretion that valid Consents from Holders of 75% in aggregate principal amount of the Outstanding Notes (the "Requisite Consents") have been validly delivered and accepted pursuant to the terms of the Consent Solicitation Statement, and the other conditions described in the Consent Solicitation Statement have been satisfied or, where possible, waived, unless further extended or earlier terminated by the Province.  Upon achieving the Requisite Consents, the Province will provide notice to holders that the Expiration Time shall occur on the immediately following Business Day thereafter. Capitalized terms used herein but not defined shall have the meaning assigned to them in the Consent Solicitation Statement.

Key Points: 
  • Capitalized terms used herein but not defined shall have the meaning assigned to them in the Consent Solicitation Statement.
  • The Province has engaged BCP Securities, Inc. and Puente Servicios de Inversión S.A. to act as international consent solicitation agents and Puente Hnos.
  • The Consent Solicitation is only being made pursuant to the Consent Solicitation Statement.
  • If a jurisdiction requires that the Consent Solicitation be made by a licensed broker or agent and the Consent Solicitation Agents or any affiliate of the Consent Solicitation Agents is a licensed broker or agent in that jurisdiction, the Consent Solicitation shall be deemed to be made by the Consent Solicitation Agents or such affiliate on behalf of the Province in that jurisdiction.

TV AZTECA COMPLETES MEDIATION WITH BONDHOLDERS

Retrieved on: 
Tuesday, November 14, 2023

MEXICO CITY, Nov. 14, 2023 /PRNewswire/ -- TV Azteca, S.A.B. de C.V. (BMV: AZTECACPO; Latibex: XTZA) (the "Company" or "TV Azteca"), one of the two largest producers of Spanish-language television programming in the world, announced that it has completed court-supervised mediation proceedings with an ad hoc group of unaffiliated holders (the "Holders") of the Company's Senior Notes due 2024 and The Bank of New York Mellon, the trustee under the notes. 

Key Points: 
  • MEXICO CITY, Nov. 14, 2023 /PRNewswire/ -- TV Azteca, S.A.B.
  • For a period of 67 days beginning on September 7, 2023, the Company, the trustee and the Holders participated in a U.S. court-ordered mediation supervised by Retired Bankruptcy Judge Kevin J. Carey.
  • At the conclusion of the mediation, the parties were unable to reach a consensual resolution.
  • Pursuant to the confidentiality agreements, the Company agreed to publicly disclose the necessary Cleansing Materials (as defined in the confidentiality agreements) following conclusion of the mediation.

FIBRA Macquarie México Announces Ordinary and Extraordinary Holders’ Meeting

Retrieved on: 
Thursday, November 9, 2023

The Call Notice and materials to be presented at the Meeting will be available in FIBRA Macquarie’s website at www.fibramacquarie.com .

Key Points: 
  • The Call Notice and materials to be presented at the Meeting will be available in FIBRA Macquarie’s website at www.fibramacquarie.com .
  • FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties.
  • The obligations of these other Macquarie Group entities do not represent deposits or other liabilities of Macquarie Bank.
  • Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these other Macquarie Group entities.

Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Preliminary Results of Election of Merger Consideration

Retrieved on: 
Tuesday, November 7, 2023

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the “Merger”).

Key Points: 
  • HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced the preliminary results of the elections made by KMF stockholders as to the form of merger consideration that they desire to receive in the merger between KYN and KMF (the “Merger”).
  • The foregoing results are preliminary only, and final results are not expected to be available until following the closing of the merger.
  • Based on the preliminary results described above, it is expected that KMF stockholders who elected to receive Cash Consideration will be subject to proration.
  • After the final merger consideration election results are determined, the final allocation and proration of merger consideration will be calculated in accordance with the terms of the merger agreement.

 WestRock Announces Consent Solicitation

Retrieved on: 
Wednesday, September 20, 2023

WestRock Company (“WestRock”) announced today that its wholly-owned subsidiary WRKCo Inc. (the “Issuer”) commenced a consent solicitation through which it is soliciting consents (“Consents”) from registered holders (“Holders”) of the Notes (the “Consent Solicitation”) to amend certain terms of the indentures governing the respective Notes (each, an “Indenture” and together, the “Indentures”).

Key Points: 
  • WestRock Company (“WestRock”) announced today that its wholly-owned subsidiary WRKCo Inc. (the “Issuer”) commenced a consent solicitation through which it is soliciting consents (“Consents”) from registered holders (“Holders”) of the Notes (the “Consent Solicitation”) to amend certain terms of the indentures governing the respective Notes (each, an “Indenture” and together, the “Indentures”).
  • The terms and conditions of the Consent Solicitation are set forth in a consent solicitation statement dated as of September 20, 2023 (as it may be amended and supplemented from time to time, the “Consent Solicitation Statement”).
  • The Consent Solicitation will expire at 5:00 p.m., New York time, on September 26, 2023, unless the Consent Solicitation is extended or earlier terminated by the Issuer for any or all series of the Notes in its sole discretion (the “Expiration Time”).
  • The Consent Solicitation is only being made pursuant to the terms of the Consent Solicitation Statement.

Verizon announces tender offers for 14 series of debt securities

Retrieved on: 
Tuesday, July 25, 2023

The total consideration for each $1,000 principal amount of each series of Securities validly tendered at or prior to the applicable Early Participation Date is referred to as the “Total Consideration” for such series.

Key Points: 
  • The total consideration for each $1,000 principal amount of each series of Securities validly tendered at or prior to the applicable Early Participation Date is referred to as the “Total Consideration” for such series.
  • Holders who validly tender Securities of a series after the applicable Early Participation Date, but at or prior to the applicable Expiration Date, will receive the tender consideration for any such series accepted by Verizon, which is equal to the Total Consideration minus the applicable Early Participation Payment (with respect to such series, the “Tender Consideration”).
  • The Total Consideration or Tender Consideration, as applicable, payable by Verizon for each $1,000 principal amount of each series of Securities validly tendered, and not validly withdrawn, and accepted by Verizon will be paid in cash on the relevant Settlement Date.
  • Any tender of Securities for purchase pursuant to the Offers from a Holder that is unable to make these representations will not be accepted.

GameOn Closes $1.7m Funding to Fuel Major League Push, Led by Lightning Capital & Flow

Retrieved on: 
Tuesday, June 13, 2023

The funds will be used to accelerate GameOn's PLAYN3XT platform and acquisition of major league IP partners.

Key Points: 
  • The funds will be used to accelerate GameOn's PLAYN3XT platform and acquisition of major league IP partners.
  • The total amount raised is $1.7m from two instruments:
    A series of convertible notes led by Lightning Capital (the "Investment"), signed on June 8, 2023.
  • The grant funding is subject to certain to-be-announced major league projects and milestones.
  • We're aggressively honing in on major league IP acquisition that will return scaled profitability, fueled by best-in-class product and execution."

Owens-Brockway Glass Container Inc. and OI European Group B.V. Announce Results of Cash Tender Offers for Any and All of Certain Outstanding Senior Notes

Retrieved on: 
Wednesday, May 24, 2023

The deadline to withdraw Notes validly tendered in the Offers was 5:00 p.m., New York City time, on May 23, 2023 (the “Withdrawal Date”).

Key Points: 
  • The deadline to withdraw Notes validly tendered in the Offers was 5:00 p.m., New York City time, on May 23, 2023 (the “Withdrawal Date”).
  • The acceptance of tendered Notes will be made in accordance with the terms of the Offers as described in the Offers to Purchase.
  • Interest will cease to accrue on the applicable Settlement Date for all Notes accepted in the Offers, including those tendered through the Guaranteed Delivery Procedures.
  • King & Co., Inc. has been appointed as the Tender Agent and Information Agent for the Offers.

Owens-Brockway Glass Container Inc. Offer to Purchase for Cash Any and All 5.375% Senior Notes Due 2025

Retrieved on: 
Monday, May 15, 2023

The primary purpose of the Offer is to acquire up to all of the outstanding Notes.

Key Points: 
  • The primary purpose of the Offer is to acquire up to all of the outstanding Notes.
  • The Offer is not conditioned on any other tender offer and the Offer operates independently from any other tender offer.
  • We will accept and pay for all validly tendered and not validly withdrawn Notes that are accepted for purchase by us.
  • In addition, all documentation relating to the Offer to Purchase, together with any updates, will be available via the Offer Website: www.dfking.com/owens-brockway.

RESULTS OF 2023 PUT OPTION

Retrieved on: 
Thursday, April 20, 2023

USD 529,320,000 5.95% notes due October 2023 (ISIN: US92718WAE93 (144A) and XS0889401724 (REGS)) (the “October 2023 Notes”) and USD 700,000,000 7.25% notes due December 2023 (US36251BAB18 (144A) and XS1400710726 (REGS)) (the “December 2023 Notes” and together with the October 2023 Notes, the “Notes”)

Key Points: 
  • USD 529,320,000 5.95% notes due October 2023 (ISIN: US92718WAE93 (144A) and XS0889401724 (REGS)) (the “October 2023 Notes”) and USD 700,000,000 7.25% notes due December 2023 (US36251BAB18 (144A) and XS1400710726 (REGS)) (the “December 2023 Notes” and together with the October 2023 Notes, the “Notes”)
    Amsterdam, Netherlands, 20 April 2023 15:30 CET: The Issuer announces today the results of the 2023 Put Option in respect of the Notes.
  • On 5 April 2023, the Issuer issued the 2023 Put Option Event Notice which commenced the 2023 Put Option Period during which Holders could elect to participate in the 2023 Put Option.
  • The 2023 Put Option Period expired at 5:00 p.m. (New York time) on 19 April 2023 and the aggregate principal amount of Notes in respect of which the 2023 Put Option had been validly exercised was: (a) USD 165,377,000 of the October 2023 Notes, and (b) USD 293,747,000 of the December 2023 Notes.
  • Subject to the terms of the 2023 Put Option, the Issuer will pay to the Holders of Notes accepted for purchase the Repurchase Price for their Notes on 26 April 2023.