W&T Offshore Commences Cash Tender Offer and Consent Solicitation
W&T Offshore(WTI) Newsfilter·2025-01-13 18:26
HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all of the outstanding $275 million aggregate principal amount of its 11.750% Senior Second Lien Notes due 2026 (the "2026 Senior Second Lien Notes"), subject to certain conditions, including the issuance and sale of $350 million in aggregate principal amount of senior second lien notes due 2029 (the "Notes"). In conjunct ...