Resultados de la oferta pública de licitación
Rancher Energy Corp.
n / a
07:46 20/03/24
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER TO PURCHASE OR A SOLICITATION OF AN OFFER TO SELL ANY NOTES
PLC SYNTHOMER
ANNOUNCEMENT OF TENDER OFFER RESULTS
THIS ANNOUNCEMENT IS INTENDED FOR HOLDERS OF THE SENIOR NOTES DUE 2025 HELD IN THE REGULATION S GLOBAL NOTE BEARING ISIN NUMBER XS2194288390 (COMMON CODE: 219428839)
Abril 17, 2024 - Synthomer PLC (the "Empresa") announces today the results of its cash tender offer (the "Oferta pública") for its outstanding Senior Notes due 2025 held in the Regulation S global notes bearing ISIN number XS2194288390 (Common Code: 219428839) (the "Notas") issued by the Company from holders of the Notes (each holder, a "Tenedor de pagarés"y juntos, el"Tenedores de notas"), as further described in the tender offer memorandum dated April 9, 2024 (the "Memorando de oferta de licitación").
El tierno Ofrecemos expired at 4:00 p.m., London time, on Abril de 16, 2024 (la "Fecha límite de vencimiento"). The Tender Offer was made upon the terms and conditions of the Tender Offer Memorandum. Capitalized terms used and not otherwise defined in this announcement have the meanings ascribed to them in the Tender Offer Memorandum.
The Company hereby announces that €412,403,000.00 in aggregate principal amount of the Notes were validly tendered and not withdrawn prior to the Expiration Deadline and €370,000,000.00 in aggregate principal amount of the Notes will be accepted for repurchase (the "Cantidad de aceptación final") for an Aggregate Tender Consideration of €370,000,000.00 (excluding Accrued Interest), subject to the conditions set forth in the Tender Offer Memorandum, including the satisfaction of the Financing Condition. As the aggregate nominal amount of Notes validly tendered and not withdrawn prior to the Expiration Deadline is greater than the Maximum Acceptance Amount (as defined in the Tender Offer Memorandum), the Issuer intends to accept (i) all Notes validly tendered and not withdrawn pursuant to a Tender and Priority Acceptance Instruction, and (ii) an amount of Non-Priority Tendered Notes subject to a scaling factor of 82.8342% (subject to adjustments, as applicable), as further described on the Tender Offer Memorandum. Where Tender and Priority Acceptance Instructions have been submitted representing an aggregate principal amount of Notes greater than the aggregate principal amount of New Notes allocated to the relevant Noteholder in distribution of New Notes, any such excess amount has been treated as Non-Priority Tendered Notes. The Company reserves the right, in its sole discretion, to waive any and all Conditions.
Descripción de las Notas | Monto de capital pendiente(1) | ES EN/ Código común | Fecha de vencimiento | Tasa de cupón |
Denominación mínima | Purchase Price per €1,000 | Cantidad de aceptación final | Aggregate Tender Consideration |
Bonos Senior con vencimiento en 2025 | €520,000,000 | XS2194288390/ 219428839
| 1 de Julio de 2025 | 3⅞% | €100,000 and integral multiples of €1,000 thereafter | €1,000 | €370,000,000 | €370,000,000 (excluding Accrued Interest) |
(1) The Outstanding Principal Amount comprises the Notes, which were originally sold pursuant to Regulation S under the Securities Act (ISIN: XS2194288390; Common Code: 219428839), and does not include the notes issued under the Indenture (as defined herein) and originally sold pursuant to Rule 144A under the Securities Act (ISIN: XS2194288630; Common Code: 219428863) (the "Regla 144A Notas"), if any. There can be no assurance that the Outstanding Principal Amount continues to be held pursuant to the Regulation S global notes. For the avoidance of doubt, the Tender Offer being made pursuant to the Tender Offer Memorandum is only being made in respect of the Notes which are held pursuant to Regulation S under the Securities Act.
Following the Tender Offer, €150,000,000.00 in aggregate principal amount of the Notes will remain outstanding.
Subject to the Financing Condition, the Tender Offer is expected to settle on April 19, 2024 (the "Fecha de pago") and all payments for the Notes validly tendered and not withdrawn prior to the Expiration Date will be made on the Payment Date.
The Tender Offer is part of a refinancing transaction in connection with the Company's issuance of €350,000,000 in aggregate principal amount of Senior Notes on or prior to the Payment Date (the "Nuevas notas"), on terms and conditions reasonably satisfactory to the Company (the "Nueva emisión"). The proceeds of the New Notes, together with cash on balance sheet, will be used to (i) to complete the Tender Offer or otherwise repurchase the Notes (the "Refinanciación"), including the payment of accrued and unpaid interest and (ii) to pay the fees and expenses in connection with the New Issuance and the Refinancing.
The Tender Offer is conditioned, amongst other conditions, on the "Financing Condition," which is the issuance by the Company of the New Notes, on or prior to the Payment Date, in an amount and on terms and conditions reasonably satisfactory to the Company. The Company priced the New Issuance on April 11, 2024 at an issue price of 100%. The New Notes will bear interest at 7.375%. There can be no assurance that the Company will be able to complete the New Issuance and satisfy the Financing Condition.
Citigroup Global Markets Limited, Goldman Sachs Bank Europe SE and HSBC Bank plc are acting as "Dealer Managers" para las tierno Offer. In conexión las tierno Offer, Citibank, N. A., London Branch has esto designado como tierno agente (en such capacity, the "tierno Agente"). Holders with questions sobre la tierno Ofrecemos tienes Contacta el Dealer Managers or las Tender Agent.
LA COMPAÑÍA Sintómero plc Centro comercial 45 Pall London SW1Y 5JG Reino Unido
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Las solicitudes de información en relación con la Oferta Pública de Adquisición deben dirigirse a: |
LOS GERENTES DE DISTRIBUIDORES |
Citigroup Global Markets Limitado Centro Citigroup Plaza Canadá Canary Wharf Londres E14 5LB Reino Unido |
Attn: Grupo de gestión de pasivos |
Tel: +44 20 7986 8969 |
Email: GME@dhr-rgv.com |
Goldman Sachs Bank Europa SE Torre Marienturm Taunusanlage 9-10 60329 Frankfurt am Main Alemania Atención: Grupo de Gestión de Responsabilidad Tel: +44 20 7774 4836 Email: GME@dhr-rgv.com
Banco HSBC plc 8 Plaza Canadá Londres E14 5HQ Atención: Gestión de Responsabilidad, DCM Tel: +44 20 7992 6237 Email: GME@dhr-rgv.com |
Requests for information in relation to the procedures for tendering Notes and participating in the Tender Offer and the submission of an Electronic Instruction should be directed to the Tender Agent: |
THE TENDER AGENT |
Citibank, N. A., London Branch Centro Citigroup Plaza Canadá Canary Wharf Londres E14 5LB Reino Unido Attention: Agency & Trust: Exchange Team Tel: +44 20 7508 3867 E-mail: GME@dhr-rgv.com
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Este anuncio is no un LANZAMIENTO a comprar cualquier Notes or a solicitación of an LANZAMIENTO vender cualquier Notas. La oferta pública es "Ser" hecho únicamente por significa of las Oferta pública Memorándum.
AVISO DE RESPONSABILIDAD
NOT FOR DISTRIBUTION DE, WITHIN, IN OR INTO THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE DEL NORTE MARIANA ISLANDS) OR ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA.
La licitación Ofrecemos is not being made and will not be made, directly or indirectly, in or en, or by utilizan el of the mails de, o por cualquier medio or mediación of interestatal or comercio exterior de, o de cualquier facilidad of a national securities exchange de, the United States. This includes, but is not limited to, facsimile transmission, electronic mail, telephone and the internet. The Notes may not be tendered in the Tender Ofrecemos by any such use, means, instrumentality or instalación de or dentro de los Estados Unidos o por persons located or resident in the United States. Accordingly, copias of this announcement, the Tender Ofrecemos Memorandum and any other documents or materials relating to the Tender Offer are not being, and must not ser, directamente or indirectly, mailed or otherwise transmitted, distributed or forwarded (including, without limitation, by custodians, nominees or trustees) in or a los Estados Unidos or to any persons located or resident in the United States. Any purported tender of Notes in the Tender Ofrecemos resulting directly or indirectly from a violation of these restrictions will be invalid and any purported tender of Notes made by a person located or resident in the United States, or any agent, fiduciary or other Intermediary acting on a non-discretionary basis para a principal giving instructions from within the United States will be invalid and will not be aceptado.
La distribución of the Tender Ofrecemos Memorandum in certain jurisdictions may be límite by law. Persons into whose posesión the Tender Ofrecemos Memorando proviene son requeridos by the Company, the Dealer Managers and the Tender Agent to inform themselves about, and to observar, any such restrictions.
This announcement is neither an offer to purchase nor the solicitation of an offer to sell any of the securities described herein, nor shall there be any offer or sale of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Tender Offer is made solely pursuant to the Tender Offer Memorandum dated April 9, 2024.
This announcement must be read in conjunction with the Tender Ofrecemos Memorandum. This announcement and the Tender Ofrecemos Memorandum contain important information which should be Lea cuidadosamente antes any decision is made with respect to the Tender Offer. If any Soporte is in any doubt as to the action it should take, it is recommended that such Soporte seeks its EL DESARROLLADOR financial and legal advice, including as to any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant or other independent financial or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to tender Notes in the Tender Offer. None of the Company, the Dealer Managers or the Tender Agent makes any recommendation as to whether Noteholders should participate in the Tender Offer.
Any deadlines set by any intermediary will be earlier than the deadlines specified in the Tender Ofrecemos Memorándum.
The information contained in this announcement sí not constitute an invitation or inducement to engage in investment activity within the meaning of the United Kingdom Financial Services and Markets Actúe 2000. In the United Kingdom, this announcement is being distributed only to, and is directed only at (i) persons who are outside the United Kingdom, (ii) persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Actúe 2000 (Financial Promotion) Order 2005 (the "Finanzas Promoción Ordenar")), (iii) persons who are within Article 43 of the Financial Promotion Order or (iv) any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order (all such persons together being referred to as "personas relevantes"). This announcement and the Tender Ofrecemos Memorandum is directed only at relevant persons and must not be actuado on or confiado on by persons who are not relevant persons.
This announcement contains forward-looking statements and information that is necessarily subject to risks, uncertainties, and assumptions. No assurance can be given that the transactions described herein will be consummated or as to the terms of any such transactions. The Company assumes no obligation to update or correct the information contained in this announcement.
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