The terms and conditions of the Offer are described in an Offer to Purchase, dated June 17, 2025 (as amended and supplemented by this news release, the "Offer to Purchase"), which was previously distributed to holders of the Notes. As set forth in the Offer to Purchase, the Company reserves the right to (i) waive any and all conditions to the Offer as permitted by law, (ii) extend or terminate the Offer or (iii) otherwise amend the Offer. The following table sets forth certain terms of the Offer and the agg ...

BLUE BELL, Pa., June 26, 2025 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) ("we," "us," "our," "Unisys" or the "Company") is releasing early results as of 5:00 p.m., New York City time, on June 25, 2025 (the "Early Tender Expiration"), of our previously announced (i) tender offer (the "Tender Offer") to purchase for cash any and all of our outstanding 6.875% Senior Secured Notes due 2027 (the "Notes") and (ii) solicitation of consents from holders (each, a "Holder" and, collectively, the "Holders") of the ...

Core Points - Warner Bros. Discovery, Inc. announced early participation results for its tender offers to purchase outstanding notes and debentures through its subsidiaries [1][2] - The tender offers commenced on June 9, 2025, with a deadline for withdrawal set for June 23, 2025 [2][3] - The company received requisite consents for proposed amendments to the indentures governing the notes by June 13, 2025 [2] Summary by Sections Tender Offers - The tender offers are aimed at purchasing substantially all outstanding notes and debentures for cash [1] - The aggregate principal amount of each series of notes validly tendered and not withdrawn is detailed in a table [4] - The withdrawal deadline for tendered notes was set at 5:00 p.m. on June 23, 2025, after which notes could not be withdrawn except under limited circumstances [3] Participation Results - As of the early tender deadline, various series of notes were tendered, including: - $516,541,000 of 4.900% Senior Notes due 2026 - €463,042,000 of 1.90% Senior Notes due 2027 - $3,780,983,000 of 3.755% Senior Notes due 2027 [4] - The company expects to accept certain notes on a prorated basis due to the aggregate principal amount exceeding the tender caps [12][13][14] Consent Solicitation - The company received requisite consents for proposed amendments to the indentures governing the notes, leading to the execution of supplemental indentures [2] - Holders of notes that were not fully accepted due to proration may receive Amended Notes [12][13][14] Financial Considerations - The total consideration for each series of notes will be determined and publicly announced on June 24, 2025 [11] - The offers will expire at 5:00 p.m. on July 9, 2025, unless extended [11]

JACKSON, Mich., June 18, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today the pricing terms of the outstanding bonds listed in the table below (the "Bonds") pursuant to the previously announced cash tender offer (the "Tender Offer") for up to $147.095 million aggregate principal amount (the "Aggregate Tender Cap") of the Bonds and certain other series of bonds specified in the Offer to Purchase, dated June 4, 2025 (the "Offer to Purchase") relating to the Tender Offer, ...

| | | | Principal | Acceptance | | | | --- | --- | --- | --- | --- | --- | --- | | Title of | CUSIP | Issuer | Amount | Priority | Series Tender | Principal Amount | | Security | Numbers | | | | Cap | Tendered | | | | | Outstanding | Level | | | | 2.500% First Mortgage Bonds | 210518 DJ2 | Consumers Energy Company | $525,000,0001 | | $147,095,000 | $147,095,000 | | due 2060([1]) | | | | | | | The table below summarizes certain information regarding the 2060 Bonds and the Tender Offer, including the aggregat ...

Core Viewpoint - Unisys Corporation is issuing $700 million in Senior Secured Notes due 2031 to finance a cash tender offer for its existing notes and other corporate purposes [1][3]. Group 1: Senior Secured Notes Offering - Unisys announced the pricing of $700 million aggregate principal amount of Senior Secured Notes due 2031 through a private offering [1]. - The Senior Secured Notes will bear an interest rate of 10.625% per year, payable semiannually starting January 15, 2026 [5]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [1]. Group 2: Tender Offer and Consent Solicitation - Concurrently, Unisys initiated a cash tender offer to purchase all outstanding $485 million of its 6.875% Senior Secured Notes due November 1, 2027 [2]. - The company is soliciting consents to amend the existing indenture governing the terms of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [2]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering [7]. Group 3: Use of Proceeds - The net proceeds from the Senior Secured Notes offering will be used to finance the Tender Offer and Consent Solicitation, redeem remaining Existing Notes, fund a portion of the long-term pension deficit, and for general corporate purposes [3]. Group 4: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and the subsidiary guarantors [4].

Core Viewpoint - Gerdau S.A. has completed its offer to purchase outstanding 4.875% notes due 2027, with all validly tendered notes accepted for purchase [1][3]. Offer Details - The offer was made for cash to purchase all outstanding 4.875% notes due 2027, guaranteed by Gerdau and its subsidiaries [1]. - The offer expired on June 9, 2025, at 5:00 p.m. New York City time [3]. - A total principal amount of US$418,244,000 was outstanding, with US$237,646,000 tendered [2]. - The consideration for the notes accepted was US$1,007.83 per US$1,000 principal amount [2]. Settlement Information - Settlement of the offer is expected to occur within three business days following the expiration date, specifically on June 12, 2025 [4]. Additional Information - Gerdau Trade has engaged several financial institutions, including BofA Securities, Goldman Sachs, J.P. Morgan, and Morgan Stanley, to act as dealer managers for the offer [6]. - Further details regarding the offer can be found in the Offer Documents available through the designated tender agent [5].

Core Points - Bread Financial Holdings, Inc. announced a cash tender offer for its 9.750% Senior Notes due 2029, with approximately $536,786,000 validly tendered by the Early Participation Date [1][3] - The company plans to accept up to $150,000,000 in aggregate principal amount of the Notes, resulting in a Total Consideration of $1,071.25 for each $1,000 principal amount of Notes accepted [1][5] - The Tender Offer includes an early participation amount of $50.00 per $1,000 principal amount of Notes for those who tendered by the Early Participation Date [3][5] Tender Offer Details - The total outstanding principal amount of the 9.750% Senior Notes is $900,000,000, with $536,786,000 tendered as of the Early Participation Date [2] - The expected total consideration for the accepted Notes includes the early participation amount and accrued interest [3][5] - The company anticipates settlement of the accepted Notes on June 9, 2025, subject to the conditions set forth in the Offer to Purchase [7] Proration and Acceptance - Due to the Tender Cap being exceeded, the company will accept Notes on a prorated basis, with an expected proration factor of approximately 77.538% for those tendered at the Clearing Premium [7] - Notes tendered at a Bid Price resulting in a Bid Premium exceeding the Clearing Premium will not be accepted [7] Dealer Managers - J.P. Morgan Securities LLC is the sole lead dealer manager for the tender offer, with several co-dealer managers assisting in the process [8]

JACKSON, Mich., June 4, 2025 /PRNewswire/ -- CMS Energy Corporation ("CMS Energy") (NYSE: CMS) announced today the commencement of a cash tender offer (the "Tender Offer") for up to $125 million aggregate principal amount (the "Aggregate Tender Cap") of the outstanding bonds listed in the table below (the "Bonds"), which were issued by Consumers Energy Company ("Consumers").The table below summarizes certain information regarding the Bonds and the Tender Offer, including the acceptance priority levels (the ...

SOUTHLAKE, Texas, June 4, 2025 /PRNewswire/ -- Sabre Corporation ("Sabre") (Nasdaq: SABR) announced today the early tender results of the previously announced cash tender offers (the "Tender Offers") by Sabre GLBL Inc. ("Sabre GLBL"), its wholly owned subsidiary, for Sabre GLBL's securities set forth in the table below (collectively, the "Securities"). The Tender Offers will expire at 11:59 p.m., New York City time, on June 17, 2025. As the Aggregate Purchase Price (as defined below) of all Securities valid ...