MHP SE Announces Results Of Early Tender Deadline
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.
LONDON, March 22, 2018 /PRNewswire/ -- MHP SE (the "Company") today announces that holders ("Noteholders") of U.S.$495,600,000 outstanding aggregate principal amount of the Company's 8.25% Notes due 2 April 2020 (the "Notes") validly tendered and did not validly withdraw U.S.$409,783,000 in aggregate principal amount of Notes on or prior to 5:00 p.m. (New York City time) on 21 March 2018 (the "Early Tender Deadline"), pursuant to the Company's previously announced cash tender offer (the "Tender Offer"). The Company further announces that the Minimum Participation Condition has been satisfied. The Tender Offer is being made, subject to the offer and distribution sections set out below, on the terms and conditions as set forth in a tender offer memorandum dated 9 March 2018 (as it may be amended or supplemented from time to time, the "Tender Offer Memorandum") in accordance with the procedures described therein. Capitalized terms used but not otherwise defined in this announcement have the same meanings given to them in the Tender Offer Memorandum.
This announcement does not constitute an offer to acquire any of the Notes, which is being made solely pursuant to the Tender Offer Memorandum. Noteholders are advised to read the Tender Offer Memorandum for full details of, and information on, procedures for participating in the Tender Offer. Copies of the Tender Offer Memorandum and announcements are available, subject to offer and distribution restrictions, on the Tender Offer Website: https://sites.dfkingltd.com/mhp.
Description of the Notes |
Regulation S Notes |
Rule 144A Notes |
Outstanding Principal Amount |
Early Tender Offer Consideration |
Tender Offer Consideration |
Amount subject to the Tender Offer |
Amount Tendered on or prior to the Early Tender Deadline |
Per U.S.$1,000
|
Per U.S.$1,000 |
||||||
U.S.$750,000,000 8.25% Notes due 2 April 2020 |
Common Code 091050617 / ISIN: USL6366M AC75 / CUSIP: L6366MA C7 |
Common Code 07839507 9 / ISIN: US55302T AC99 / CUSIP: 55302TA C9 |
U.S.$495,600,000 |
U.S.$1,095 |
U.S.$1,065 |
Any and all |
U.S.$409,783,000 |
Expected Timetable of Events
The times and dates below are indicative only.
Action |
Date and Time |
Early Payment Date......................... |
On or around 6 April 2018 |
Expiration Deadline.......................... |
11:59 p.m. (NYC time) on 6 April 2018 |
Final Results Announcement Date.... |
On or around 9 April 2018 |
Payment Date.................................... |
A date promptly following the Expiration Deadline, expected to be on or about 10 April 2018 |
For Further Information
A complete description of the terms and conditions of the Tender Offer is set out in the Tender Offer Memorandum. Further details about the Tender Offer can be obtained from:
The Joint Dealer Managers
Requests for information in relation to the Tender Offer should be directed to:
ING Bank N.V., London Branch Telephone: +31 20 563 8017 Email: Attention: Liability Management |
J.P. Morgan Securities plc Telephone: +44 20 7134 2468 E-mail: Attention: Liability Management |
UBS Limited Telephone: +44 20 7568 2133 Attention: Liability Management Group Email: ol-liabilitymanagement- |
The Information and Tender Agent
Requests for information in relation to the procedures for tendering Notes and participating in the Tender Offer and the submission of an electronic instruction or submission should be directed to the Information and Tender Agent.
D.F. King Limited
Email: [email protected]
Tender Offer Website: https://sites.dfkingltd.com/mhp
In London: 125 Wood Street London EC2V 7AN United Kingdom
Telephone: +44 20 7920 9700
|
In New York 48 Wall Street, 22nd Floor New York, New York 10005 United States
Banks and Brokers call: +1 212 269 5550 All others call Toll-Free: +1 800 848 3405 By Facsimile Transmission (for Eligible Institutions only): +1 212 709 3328 For Confirmation: +1 212 269 5552 Attention: Andrew Beck |
In Hong Kong Suite 1601, 16/F, Central Tower 28 Queen's Road Central Hong Kong
Telephone: +852 3953 7230
|
SOURCE MHP SE
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