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Tag: tender offer

Newell Brands Announces Early Results of Its Tender Offer
Business

Newell Brands Announces Early Results of Its Tender Offer

ATLANTA, GA (STL.News) Newell Brands Inc. (NASDAQ: NWL) (the “Company” or “Newell Brands”) announced today the early results of its previously announced debt tender offer (the “Offer”) to purchase for cash up to an aggregate principal amount equal to $300,000,000 (the “Maximum Tender Amount”) of the Company’s outstanding securities listed in the table below (collectively, the “Notes”), subject to the Acceptance Priority Levels specified in the table below. According to Global Bondholder Services Corporation, information agent and tender agent for the Offer, as of 5:00 p.m., New York City time, on November 24, 2020 (the "Early Tender Deadline"), Newell Brands had received valid tenders in aggregate principal amount of $509,558,000 from holders of the Notes as set forth in original PR. NO...
Nestlé announces results of tender offer for Aimmune Therapeutics, Inc.
Business

Nestlé announces results of tender offer for Aimmune Therapeutics, Inc.

(STL.News) Société des Produits Nestlé S.A. ("Nestlé") today announced the results of the tender offer by its wholly-owned subsidiary, SPN MergerSub, Inc. ("Purchaser"), to purchase all of the outstanding shares ("Shares") of common stock of Aimmune Therapeutics, Inc. (Nasdaq: AIMT) ("Aimmune"), other than any Shares held by Nestlé and its affiliates, for a price of USD 34.50 per Share (the "Offer Price"), net to the seller thereof in cash, without interest and subject to any withholding taxes (the "Offer"), which was made upon the terms and subject to the conditions set forth in the Offer to Purchase (the "Offer to Purchase") and related Letter of Transmittal.  The Offer expired at 12:00 midnight, Eastern time, on October 9, 2020 (such time and date, the "Expiration Date"). Equinity Trus...
Marathon Oil Announces Early Tender Results Of Tender Offer For Up To $500,000,000 Of Its 2.800% Senior Notes Due 2022
Business

Marathon Oil Announces Early Tender Results Of Tender Offer For Up To $500,000,000 Of Its 2.800% Senior Notes Due 2022

HOUSTON, TX (STL.News) Marathon Oil Corporation (NYSE:MRO) announced today the early tender results for its previously announced cash tender offer (the "Offer") for up to an aggregate principal amount of $500,000,000 (the "Aggregate Maximum Tender Amount") of its outstanding $1,000,000,000 aggregate principal amount of 2.800% Senior Notes due 2022 (the "Notes").  The terms and conditions of the Offer are set forth in the Offer to Purchase, dated September 16, 2020 (as the same may be amended or supplemented, the "Offer to Purchase").  The Offer will expire at 11:59 p.m., New York City time, on October 14, 2020, unless extended or earlier terminated by the Company. As of 5:00 p.m., New York City time, on September 29, 2020 (such time and date, the "Early Tender Time"), according to informa...
International Paper Announces Early Tender Results of Waterfall Tender Offer
Business

International Paper Announces Early Tender Results of Waterfall Tender Offer

International Paper Announces Early Tender Results of Waterfall Tender Offer for its Outstanding 3.650% Notes due 2024 and 3.800% Notes due 2026 MEMPHIS, TN (STL.News) International Paper Company (NYSE: IP) (the "Company") announced today the early tender results as of 5:00 p.m. on September 21, 2020 (the "Early Tender Deadline") for its previously announced cash tender offer (the "Waterfall Tender Offer") for up to $700 million combined aggregate principal amount, less the aggregate principal amount of its outstanding 3.000% Notes due 2027 (the "3.000% Notes") purchased in a separate offer (the "Waterfall Tender Cap"), of its outstanding 3.650% Notes due 2024 (the "3.650% Notes") and 3.800% Notes due 2026 (the "3.800% Notes" and, together with the 3.650% Notes, the "Notes").  Based on the...
DaVita Commences Self-Tender Offer To Purchase For Cash Shares Of Its Common Stock
Business

DaVita Commences Self-Tender Offer To Purchase For Cash Shares Of Its Common Stock

DENVER, CO (STL.News) DaVita Inc. (NYSE: DVA) ("DaVita"), a health care provider focused on transforming care delivery to improve quality of life for patients globally and one of the largest providers of kidney care services in the United States, announced today that it has commenced a modified "Dutch auction" tender offer for shares of its common stock for an aggregate purchase price of up to $1.0 billion at a price per share of not less than $77.00 and not more than $88.00.  The tender offer will expire at 12:00 midnight, New York City time, at the end of the day on September 14, 2020, unless extended by DaVita or otherwise terminated.  Tenders of shares must be made on or prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration of the tender o...
Motorola Solutions Announces Tender Offer for up to $215 million
Business

Motorola Solutions Announces Tender Offer for up to $215 million

Motorola Solutions Announces Tender Offer for up to $215 million Aggregate Purchase Price of Outstanding Debt CHICAGO, IL (STL.News) Motorola Solutions, Inc. (NYSE: MSI) (the “Company”) announced today that it has commenced a debt tender offer to purchase for cash up to the Maximum Waterfall Tender Amount (as defined below) in aggregate purchase price of the Company’s outstanding securities listed in the Table below (each, a “Security” and collectively, the “Securities”), subject to the Acceptance Priority Levels as defined below (the “Offer”).  The “Maximum Waterfall Tender Amount” is an aggregate purchase price equal to $215 million, excluding accrued interest.  The tender offer is intended to allow the Company to issue new debt securities to fund the repurchase of the Securities, thereb...
Business News: HCP Announces Pricing of Tender Offers
Business

Business News: HCP Announces Pricing of Tender Offers

IRVINE, CA (STL.News) - HCP, Inc. (NYSE: HCP) announced Friday the consideration payable in connection with its previously announced tender offers (the "Tender Offers") to purchase for cash up to an aggregate principal amount of $500,000,000 (the "Aggregate Maximum Tender Amount") of its 4.250% Senior Notes due 2023 (the "2023 Notes") and its 4.000% Senior Notes due 2022 (the "2022 Notes" and, together with the 2023 Notes, the "Notes") as described in the table below. CLICK to VIEW  COMPLETE SOURCE PDF of Tender Offer