老虎机种类 Announces Expiration and Final Tender Results for Previously Announced Offers by Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC to Purchase Certain Outstanding 老虎机种类 Debt Securities
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- 老虎机种类 Announces Expiration and Final Tender Results for Previously Announced Offers by Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC to Purchase Certain Outstanding 老虎机种类 Debt Securities
老虎机种类 Inc. (鈥溊匣⒒掷噔 or the 鈥淐ompany鈥) (NYSE: ARNC) today announced the expiration and final tender results for the previously announced cash tender offers by Citigroup Global Markets Inc. and Credit Suisse Securities (USA) LLC (the 鈥淧urchasers鈥) for the Company鈥檚 outstanding debt securities set forth in the table below (the 鈥淣otes鈥), on the terms and conditions set forth in the Offer to Purchase, dated April 5, 2017 (the 鈥淥ffer to Purchase鈥), and a related Letter of Transmittal (together, the 鈥淥ffer Materials鈥), and amendments to the terms of the Offers (as defined below) announced on April 19, 2017. Capitalized terms used but not otherwise defined in this announcement shall have the meaning given to them in the Offer to Purchase.
On April 20, 2017 (the 鈥淓arly Settlement Date鈥), the Purchasers purchased the principal amounts of Notes set forth in the table below. As of 11:59 p.m., New York City time, on May 2, 2017 (the extended 鈥淓arly Tender Date鈥 with respect to the 2018 Offers (as defined below) and the 鈥淓xpiration Date鈥 for the Offers), the additional principal amounts of Notes set forth in the table below had been validly tendered and not withdrawn.
The settlement for any 6.500% Notes due 2018 and 6.750% Notes due 2018 (together, the 鈥2018 Notes鈥) validly tendered and not withdrawn after the previously announced Early Tender Date and at or prior to the Expiration Date is expected to occur on Thursday, May 4, 2017, which is the Final Settlement Date for the Offers. Since the amended 2019 Offer Purchase Amount Cap was reached on the Early Settlement Date, no additional 5.720% Notes due 2019 (the 鈥2019 Notes鈥) will be accepted for purchase on the Final Settlement Date.
The previously announced date for the expiration of withdrawal rights for the Offers has passed and has not been extended. Notes tendered pursuant to the Offers may no longer be withdrawn, except as required by law.
Holders who validly tendered and did not withdraw 2018 Notes by the extended Early Tender Date with respect to the 2018 Offers (11:59 p.m., New York City time, on May 2, 2017) will be eligible to receive the previously announced Total Consideration.
Title of |
CUSIP |
Principal |
Acceptance |
Principal |
Principal |
Additional |
Principal |
|||||||
6.500% Senior Notes due 2018 | 022249BA3/ US022249BA36 |
$250,000,000 | 1 | $147,940,000 | $147,940,000 | $1,961,000 | $1,961,000 | |||||||
6.750% Senior Notes due 2018 | 013817AS0/ US013817AS04 |
$750,000,000 | 2 | $397,034,000 | $397,034,000 | $8,152,000 | $8,152,000 | |||||||
5.720% Senior Notes due 2019 | 013817AP6/ 013817AM3/ U01347AA8/ US013817AP64/ US013817AM34/ USU01347AA84 |
$750,000,000 | 3 | $383,757,000 | $250,000,000 | N/A | N/A |
We refer to the offers to purchase the 2018 Notes as the 鈥2018 Offers,鈥 the offer to purchase the 2019 Notes as the 鈥2019 Offer鈥 and the 2018 Offers and the 2019 Offer together as the 鈥淥ffers.鈥
The Purchasers will not accept for purchase more than $1,000,000,000 aggregate principal amount of Notes (the 鈥淢aximum Purchase Amount鈥) in the Offers.
As set forth in the Offer Materials, the Purchasers intend to negotiate to sell to the Company for cash all additional validly tendered 2018 Notes on the Final Settlement Date or soon thereafter.
For additional information regarding the terms of the Offers, please contact Citigroup Global Markets Inc. at (800) 558-3745 (toll free) or (212) 723-6106 (collect) or Credit Suisse Securities (USA) LLC at (800) 820-1653 (toll free) or (212) 538-1862 (collect). Requests for documents and questions regarding the tender of Notes may be directed to Global Bondholder Services Corporation at (866) 924-2200 (toll free) or (212) 430-3774 (collect).
Copies of the Offer to Purchase and the Letter of Transmittal related to the Offers may also be obtained at no charge from Global Bondholder Services Corporation.
This announcement does not constitute an offer to purchase or a solicitation of an offer to sell securities. The Offers were being made solely by means of the Offer to Purchase and the related Letter of Transmittal.
About 老虎机种类
老虎机种类 (NYSE: ARNC) creates breakthrough products that shape industries. Working in close partnership with our customers, we solve complex engineering challenges to transform the way we fly, drive, build and power. Through the ingenuity of our people and cutting-edge advanced manufacturing techniques, we deliver these products at a quality and efficiency that ensure customer success and shareholder value. For more information: . Follow @arconic: , , , and .
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老虎机种类 Inc.
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