MHP S.A. 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, April 27, 2017 /PRNewswire/ -- MHP S.A. (the "Company") today announces that holders ("Noteholders") of U.S.$245,200,000 aggregate principal amount of the Company's outstanding U.S.$750,000,000 8.25% Notes due 2 April 2020 (the "Notes") validly tendered and did not validly withdraw their Notes on or prior to 3:00 a.m. (New York City time) on 27 April 2017 (the "Early Tender Deadline"), pursuant to the Company's previously announced cash tender offer (the "Tender Offer"). The Tender Offer is being made, subject to offer and distribution restrictions, on the terms and conditions as set forth in a tender offer memorandum dated 18 April 2017 (as it may be amended or supplemented from time to time, the "Tender Offer Memorandum") in accordance with the procedures described therein and as modified by the Company in its announcement on 24 April 2017. 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 |
Regulation |
Rule 144A |
Early Tender |
Tender Offer |
Amount subject |
Amount tendered 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 078395044 / ISIN: USL6366MAC75 / CUSIP: L6366MAC7 |
Common Code 078395079 / ISIN: US55302TAC99 / CUSIP: 55302TAC9 |
U.S.$1,037.50 |
U.S.$997.50 |
Up to U.S.$350,000,000 aggregate principal amount of the Notes(1) (the "Maximum Acceptance Amount") |
U.S.$245,200,000 |
| (1) Such amount to be increased or reduced at the Company's sole discretion. The final Maximum Acceptance Amount will be announced on the Early Results Announcement Date, which is expected to be on the day following the New Notes pricing. |
||||||
Expected Timetable of Events
The times and dates below are indicative only.
| Action |
Date and Time |
|
| Early Results Announcement Date |
Expected on the day following the New Notes pricing |
|
| Expiration Deadline |
11:59 p.m. (NYC time) on 15 May 2017 |
|
| Final Results Announcement Date |
On or around 16 May 2017 |
|
| Payment Date |
A date promptly following Expiration Deadline, expected |
For Further Information
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:
| J.P. Morgan Securities plc Telephone: +44 20 7134 2468 E-mail: [email protected] Attention: Liability Management |
ING Bank N.V., London Branch Telephone: +44 20 7767 5107 Email: [email protected] Attention: Global Debt Syndicate |
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
SOURCE MHP S.A.
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