Settlement date

The Province of Tierra del Fuego Announces Commencement of Consent Solicitation

Retrieved on: 
Friday, October 27, 2023

In accordance with the terms of the Indenture, the Province requires the Requisite Consents to successfully consummate the Consent Solicitation.

Key Points: 
  • In accordance with the terms of the Indenture, the Province requires the Requisite Consents to successfully consummate the Consent Solicitation.
  • The Province also reserves the right in its sole discretion to shorten the Consent Solicitation, as described above.
  • 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.

Gran Tierra Energy Inc. Announces Expiration and Final Results for the Previously Announced Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

Retrieved on: 
Thursday, October 19, 2023

King & Co., Inc., the Information Agent and Exchange Agent for the Exchange Offers and the solicitation of Consents (as defined below).

Key Points: 
  • King & Co., Inc., the Information Agent and Exchange Agent for the Exchange Offers and the solicitation of Consents (as defined below).
  • Interest will cease to accrue on the Settlement Date for all Existing Notes accepted for exchange in the applicable Exchange Offer.
  • The Company will not receive any cash proceeds from the issuance of the New Notes in the Exchange Offers and the solicitations of Consents.
  • Moreover, neither the Company nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements.

Edison International Commences Tender Offers to Purchase Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A For a Maximum Aggregate Purchase Price…

Retrieved on: 
Wednesday, October 11, 2023

The Series B Offer has been assigned an Acceptance Priority Level of 1 and the Series A Offer an Acceptance Priority Level of 2.

Key Points: 
  • The Series B Offer has been assigned an Acceptance Priority Level of 1 and the Series A Offer an Acceptance Priority Level of 2.
  • Accordingly, all Securities validly tendered in the Series B Offer will be accepted for purchase before any validly tendered Securities of the Series A Offer are accepted.
  • In that event, the Series A Preferred Stock that will be accepted for purchase will be subject to proration, as described in the Offer to Purchase.
  • THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER OR SOLICITATION TO PURCHASE SECURITIES.

Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes

Retrieved on: 
Tuesday, October 10, 2023

Holders must validly tender their Notes at or before the Expiration Time in order to be eligible to receive the Tender Offer Consideration.

Key Points: 
  • Holders must validly tender their Notes at or before the Expiration Time in order to be eligible to receive the Tender Offer Consideration.
  • Fannie Mae expects the Settlement Date to occur on October 18, 2023.
  • This release includes forward-looking statements, including statements relating to the timing and expected settlement and closing of the purchase of the Notes in a tender offer.
  • All forward-looking statements are made as of the date of this press release, and Fannie Mae assumes no obligation to update this information.

Gran Tierra Energy Inc. Announces Early Participation Deadline Results for the Previously Announced Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

Retrieved on: 
Tuesday, October 3, 2023

Accordingly, holders may no longer withdraw Existing Notes tendered in the Exchange Offers, except in certain limited circumstances as set forth in the Exchange Offer Memorandum.

Key Points: 
  • Accordingly, holders may no longer withdraw Existing Notes tendered in the Exchange Offers, except in certain limited circumstances as set forth in the Exchange Offer Memorandum.
  • Interest will cease to accrue on the Settlement Date for all Existing Notes accepted for exchange in the applicable Exchange Offer.
  • The Company will not receive any cash proceeds from the issuance of the New Notes in the Exchange Offers and the solicitations of Consents.
  • Existing Notes tendered in connection with the Exchange Offers, and accepted for exchange, will be cancelled.

EQS-News: Eleving Group S.A.: Eleving Group commences Exchange Offer for Bondholders of Mogo AS 2021/2024 bonds

Retrieved on: 
Tuesday, September 26, 2023

Exchange offer period for bondholders of Mogo AS unsecured bonds with ISIN code LV0000802452 from September 26 to October 13, 2023, 14:00 EET.

Key Points: 
  • Exchange offer period for bondholders of Mogo AS unsecured bonds with ISIN code LV0000802452 from September 26 to October 13, 2023, 14:00 EET.
  • Bondholders of Mogo AS unsecured bonds are encouraged to reach out to their depository banks, Signet Bank or Eleving Group for further information.
  • The exchange offer period of Eleving Group's new bonds is set to last from September 26 until October 13, 2023.
  • All existing holders of Mogo AS unsecured bonds (ISIN LV0000802452) are offered the opportunity to exchange their existing bonds for new Eleving Group senior secured and guaranteed bonds with a higher coupon rate.

Gran Tierra Energy Inc. Announces Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

Retrieved on: 
Tuesday, September 19, 2023

Holders who tender after the Early Participation Deadline but prior to the Expiration Deadline will receive only the Exchange Consideration.

Key Points: 
  • Holders who tender after the Early Participation Deadline but prior to the Expiration Deadline will receive only the Exchange Consideration.
  • It is also expected that the guarantees of the Existing Notes may be released as described in the Exchange Offer Memorandum.
  • Interest will cease to accrue on the Settlement Date for all Existing Notes accepted for exchange in the applicable Exchange Offer.
  • Existing Notes surrendered in connection with the Exchange Offers, and accepted for exchange, will be cancelled.

Oceaneering Announces Cash Tender Offer for Any and All of its Outstanding 4.650% Senior Notes due 2024

Retrieved on: 
Wednesday, September 20, 2023

The tender offer will expire at 5:00 p.m., New York City time, on September 26, 2023, unless extended or earlier terminated (the “Expiration Time”).

Key Points: 
  • The tender offer will expire at 5:00 p.m., New York City time, on September 26, 2023, unless extended or earlier terminated (the “Expiration Time”).
  • The tender offer is not conditioned upon any minimum amount of Notes being tendered.
  • Oceaneering has retained J.P. Morgan Securities LLC as dealer manager (the “Dealer Manager”) in connection with the tender offer.
  • This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes.

Sabre Corporation Announces Settlement of the Exchange Offers for Certain Senior Secured Debt Securities Due 2025 and Issuance of New Notes Due 2027

Retrieved on: 
Thursday, September 7, 2023

SOUTHLAKE, Texas, Sept. 7, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced the settlement of the previously announced exchange offers (each, an "Exchange Offer" and together, the "Exchange Offers") by Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, for any and all of its outstanding 7.375% Senior Secured Notes due 2025 (the "September 2025 Notes") and 9.250% Senior Secured Notes due 2025 (the "April 2025 Notes" and, together with the September 2025 Notes, the "Existing Notes" and each of them a "series" of Existing Notes), and the issuance of Sabre GLBL's new 8.625% Senior Secured Notes due 2027 (the "New Notes" and together with the Existing Notes, the "Securities").

Key Points: 
  • SOUTHLAKE, Texas, Sept. 7, 2023 /PRNewswire/ -- Sabre Corporation ("Sabre") (NASDAQ: SABR) today announced the settlement of the previously announced exchange offers (each, an "Exchange Offer" and together, the "Exchange Offers") by Sabre GLBL Inc. ("Sabre GLBL"), a wholly-owned subsidiary of Sabre, for any and all of its outstanding 7.375% Senior Secured Notes due 2025 (the "September 2025 Notes") and 9.250% Senior Secured Notes due 2025 (the "April 2025 Notes" and, together with the September 2025 Notes, the "Existing Notes" and each of them a "series" of Existing Notes), and the issuance of Sabre GLBL's new 8.625% Senior Secured Notes due 2027 (the "New Notes" and together with the Existing Notes, the "Securities").
  • The Exchange Offers expired at 5:00 p.m., New York City time, on September 5, 2023 (the "Expiration Date").
  • In total, approximately $787 million and $66 million of September 2025 Notes and April 2025 Notes, respectively, were exchanged by Sabre GLBL on September 7, 2023 (the "Settlement Date").
  • On the Settlement Date, Sabre GLBL issued approximately $853 million in New Notes and paid approximately $115 million in cash to Eligible Holders (as defined below) whose Existing Notes were accepted for exchange in the Exchange Offers.

Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes

Retrieved on: 
Wednesday, September 6, 2023

MCLEAN, Va., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Wednesday, September 6, 2023.

Key Points: 
  • MCLEAN, Va., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Wednesday, September 6, 2023.
  • Certain of the classes of Notes subject to the Offer were issued by the STACR Trust identified in the table below (each, a “Trust”).
  • Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust.
  • Freddie Mac is offering to purchase any and all of the Notes listed.