Cash tender offer

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Transocean Ltd. Announces Cash Tender Offer
Globenewswire· 2025-09-30 13:15
STEINHAUSEN, Switzerland, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced that Transocean International Limited, a Bermuda exempted company limited by shares (the “Company”) and a wholly owned subsidiary of Transocean Ltd., a Swiss corporation (“Transocean”), has commenced a cash tender offer (the “Tender Offer”) to purchase up to an aggregate principal amount of its outstanding notes listed in the table below (collectively, the “Notes”) for a combined aggregate purchase price of up ...
Announcement by Embraer S.A. of Increase of the Maximum Tender Amount of Offers to Purchase for Cash Certain Outstanding Securities
Globenewswire· 2025-09-23 12:54
Core Viewpoint - Embraer S.A. has announced an increase in the Maximum Tender Amount for its cash tender offers for senior unsecured guaranteed notes due in 2028 and 2030, reflecting a strategic move to enhance liquidity and manage debt effectively [1][3]. Group 1: Tender Offers Details - Morgan Stanley & Co. LLC is the Offeror for the cash tender offers of 6.950% senior unsecured guaranteed notes due 2028 and 7.000% senior unsecured guaranteed notes due 2030 [1]. - The Maximum Tender Amount has been increased from an original limit of US$750,000,000 to a new limit of US$1,000,000,000 [3]. - The terms of the Offers, including the Early Tender Date and Expiration Date, remain unchanged despite the increase in the Maximum Tender Amount [4]. Group 2: Tender Process and Considerations - The Offers are set to expire on October 21, 2025, with an Early Tender Date of October 3, 2025, where holders can receive Total Consideration [6]. - Holders who tender their Notes after the Early Tender Date will only receive Tender Consideration, not the Early Tender Payment [6]. - If the total principal amount of Notes tendered exceeds the New Maximum Tender Amount, a prorated amount will be accepted for purchase [9]. Group 3: Settlement Information - Holders whose Notes are accepted for purchase will receive Total Consideration on the Early Settlement Date, expected two business days after the Early Tender Date [11]. - If the Offeror does not elect to pay for tendered Notes before the Expiration Date, the Final Settlement Date will occur two business days after the Expiration Date [11].
AMC Networks Announces Early Results and Upsizing of Tender Offer for its 4.25% Senior Notes due 2029
Globenewswire· 2025-07-02 11:00
Core Viewpoint - AMC Networks Inc. has announced the early results of its cash tender offer to purchase outstanding 4.25% Senior Notes due 2029, increasing the maximum aggregate principal amount from $450 million to $600 million [1][5][10] Group 1: Offer Details - The Offer to Purchase was dated June 17, 2025, and the Company reserves the right to amend, extend, or terminate the Offer [2] - As of the Early Tender Date, the aggregate principal amount of Notes validly tendered was $614,437,000, with a proration factor of 97.7% [3][5] - The Total Consideration for the Notes is $815 per $1,000 principal amount, which includes an Early Tender Premium of $50 [6] Group 2: Tender Process - The Withdrawal Deadline for the tendered Notes expired on July 1, 2025, at 5:00 p.m. New York City time, meaning tendered Notes cannot be withdrawn [7] - The Offer is scheduled to expire on July 17, 2025, but the Company does not expect to accept any Notes tendered after the Early Tender Date due to the exceeded Maximum Tender Amount [8] Group 3: Financial Context - The Offer is conditioned upon the Company raising net proceeds of $400 million from a concurrent offering of senior secured notes due 2032 [10] - AMC Networks operates various streaming services and cable networks, indicating a diversified portfolio that supports its financial activities [13]