Ship's tender

Silicon Labs Announces Commencement of Modified Dutch Auction Tender Offer to Purchase Up to $1.0 Billion of its Common Stock

Retrieved on: 
Tuesday, August 3, 2021
Corporate finance, Financial economics, Finance, Corporations, Tender offer, Offer, Auction, Tender, Ship's tender, Stock

Tenders of shares must be made prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration of the tender offer.

Key Points: 
  • Tenders of shares must be made prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration of the tender offer.
  • The purpose of the tender offer is to return capital to stockholders of Silicon Labs.
  • In particular, Silicon Labs believes the "modified Dutch auction" tender offer set forth in the Offer to Purchase is a mechanism that will provide all stockholders of Silicon Labs with the opportunity to tender all or a portion of their stock if they so elect at a price they may select within the specified range.
  • However, the tender offer is subject to a number of other terms and conditions, which are described in detail in the Offer to Purchase.

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

Retrieved on: 
Thursday, July 22, 2021
Supply chain management, Oncology, Retail, Medical devices, Health, Pharmaceutical, McKesson Corporation, Ship's tender, Tender, Transport, Sustainable transport, Supply chain management, Procurement, Legal tender

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  • The Company currently expects to accept for purchase 100% of the Notes validly accepted and not validly withdrawn at or prior to the Early Tender Time.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.

THE FINDGROUP Appointed as West Coast Dealership of Ocean Craft Marine Rigid Hull, Amphibious Boats and Yacht Tenders

Retrieved on: 
Thursday, July 8, 2021
Ships, Manufactured goods, Inflatable boats, Yacht tender, Rigid inflatable boat, Ship's tender, Amphibious warfare ship

NEWPORT BEACH, Calif., July 8, 2021 /PRNewswire/ -- THE FINDGROUP,a full-service luxury brokerage, announced their appointment as the exclusive West Coast Dealership of Ocean Craft Marine Rigid Hull Inflatable Boats (RHIB's).

Key Points: 
  • NEWPORT BEACH, Calif., July 8, 2021 /PRNewswire/ -- THE FINDGROUP,a full-service luxury brokerage, announced their appointment as the exclusive West Coast Dealership of Ocean Craft Marine Rigid Hull Inflatable Boats (RHIB's).
  • The new partnership will focus on delivering OCM's line of Amphibious Boats and Yacht Tenders to the US West Coast market.
  • THE FINDGROUP'S partnership with Ocean Craft Marine promotes a comprehensive lineup of RHIB's complimenting Yacht owners as well as the requirements of the rapidly growing luxury, adventure seekers and professional marketplace.
  • Ocean Craft Marine manufactures the finest RHIB's in the maritime industry and markets for military, recreation, and professional applications ranging between 7.1M to 12M.

Eastern Gas Transmission and Storage Announces Early Tender Date Results

Retrieved on: 
Friday, June 25, 2021
Oil, Gas, Energy, Transport, Aircraft ground handling, Tractors, Human activities, EGTS, Propulsion, Human behavior, Ship's tender, Tender

Eligible Holders who validly tendered and did not validly withdraw their Existing EEGH Notes at or prior to the Early Tender Time and whose Notes have been accepted for purchase, will receive, in exchange for each $1,000 principal amount of Existing EEGH Notes validly tendered and not validly withdrawn, the applicable consideration as set forth in the table above under the heading Early Tender Notes Consideration (the Early Tender Notes Consideration) and the premium set forth in the table above under the heading Early Tender Premium (the Early Tender Premium and, together with the Early Tender Notes Consideration, the Early Tender Consideration).

Key Points: 
  • Eligible Holders who validly tendered and did not validly withdraw their Existing EEGH Notes at or prior to the Early Tender Time and whose Notes have been accepted for purchase, will receive, in exchange for each $1,000 principal amount of Existing EEGH Notes validly tendered and not validly withdrawn, the applicable consideration as set forth in the table above under the heading Early Tender Notes Consideration (the Early Tender Notes Consideration) and the premium set forth in the table above under the heading Early Tender Premium (the Early Tender Premium and, together with the Early Tender Notes Consideration, the Early Tender Consideration).
  • The Early Tender Consideration for validly tendered Existing EEGH Notes which have been accepted by EGTS will be paid on the Early Settlement Date.
  • Payment for the Existing EEGH Notes that were validly tendered and not validly withdrawn prior to the Early Tender Time and which have been accepted by EGTS will be made on the date referred to as the Early Settlement Date.
  • EGTS operates an interstate natural gas transmission pipeline, consisting of approximately 3,900 miles of natural gas transmission, gathering and storage pipelines across six states in or adjoining the Mid-Atlantic region.

Bombardier Announces Expiration of Early Tender Date and Amendment for its Cash Tender Offer for Certain Outstanding Senior Notes

Retrieved on: 
Thursday, June 17, 2021
Corporate finance, Tender, Ship's tender

As a result of the amendment set forth herein, all Notes that were validly tendered and not validly withdrawn at or before the Early Tender Date will be accepted for purchase by Bombardier on the Early Settlement Date.

Key Points: 
  • As a result of the amendment set forth herein, all Notes that were validly tendered and not validly withdrawn at or before the Early Tender Date will be accepted for purchase by Bombardier on the Early Settlement Date.
  • All such Notes that have been accepted will be settled on the Early Settlement Date in accordance with the terms of the Tender Offer as set forth in the Offer to Purchase, as amended hereby.
  • There can be no assurance that the Corporation will further amend or waive any terms of the Tender Offer to accept any 2023 Notes tendered after the Early Tender Date or amend the Tender Offer in any other respect.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.

GE Announces Pricing for its Debt Tender Offers

Retrieved on: 
Tuesday, June 8, 2021
Software, Other Manufacturing, Hardware, Data management, Engineering, Technology, Manufacturing, Other Technology, Corporate finance, Tender offer, Tender, Ship's tender, Finance, Economy, Mini-tender offer, Legal tender

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).

Cox Communications Announces Upsize and Early Tender Results for Cash Tender Offers

Retrieved on: 
Wednesday, June 2, 2021
Cox Communications, Cox, Ship's tender, Insurance, Companies

The Pool 1 Maximum Cap, Pool 2 Maximum Cap and Maximum Tender SubCap are based on an aggregate principal amount of Notes.

Key Points: 
  • The Pool 1 Maximum Cap, Pool 2 Maximum Cap and Maximum Tender SubCap are based on an aggregate principal amount of Notes.
  • The Total Consideration includes the applicable early tender premium (the "Early Tender Premium") for such Series of Notes set forth in the column entitled "Early Tender Premium" in the applicable table above.
  • None of Cox, the Dealer Managers or the Tender Agent and Information Agent is making any recommendation as to whether or not Holders should tender their Notes in connection with the Offers.
  • Cox Communications is the largest division of Cox Enterprises, a family-owned business founded in1898 by GovernorJames M. Cox.

Eagle Bancorp Montana, Inc. Commences a Modified Dutch Auction Tender Offer to Repurchase up to $6,000,000 of its Common Stock

Retrieved on: 
Friday, May 21, 2021
Corporate finance, Tender offer, Offer, Ship's tender, Stock, Trade, Mini-tender offer

Any shares tendered may be withdrawn prior to expiration of the Tender Offer.

Key Points: 
  • Any shares tendered may be withdrawn prior to expiration of the Tender Offer.
  • Stockholders that do not wish to participate in the Tender Offer do not need to take any action.
  • The Tender Offer will, however, be subject to other conditions, which will be disclosed in the Offer to Purchase.
  • Stockholders are urged to carefully read all of these materials prior to making any decision with respect to the Tender Offer.

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

Retrieved on: 
Thursday, May 20, 2021
Corporate finance, Tender offer, Tender, Ship's tender, Transport, Sustainable transport, Legal tender, Economy

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.

Prospect Capital Corporation Announces Launch of Cash Tender Offers For its Outstanding 5.875% Senior Notes due 2023 and 6.375% Notes due 2024

Retrieved on: 
Wednesday, April 7, 2021
Corporate finance, Tender offer, Ship's tender

The Tender Offers are not conditioned on any minimum amount of Notes being tendered.

Key Points: 
  • The Tender Offers are not conditioned on any minimum amount of Notes being tendered.
  • The Company may amend, extend or, subject to certain conditions and applicable law, terminate the Tender Offers at any time in its sole discretion.
  • King & Co., Inc. to serve as the Information and Tender Agent for the Notes in the Tender Offers.
  • Prospect Capital Corporation is a business development company that focuses on lending to and investing in private businesses.