MHP S.A. Announces Results Of Early Tender Deadline

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.

PR Newswire

LONDON, April 28, 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
Notes


Regulation
S Notes


Rule 144A
Notes


Early Tender
Offer
Consideration


Tender Offer
Consideration


Amount subject
to the Tender
Offer


Amount tendered
on or prior to the
Early Tender
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 to be on or about 17 May 2017

 

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: em_europe_lm@jpmorgan.com

Attention: Liability Management


ING Bank N.V., London Branch

Telephone: +44 20 7767 5107

Email: liability.management@uk.ing.com

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: MHP@dfkingltd.com
Tender Offer Website: https://sites.dfkingltd.com/mhp

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mhp-sa-announces-results-of-early-tender-deadline-300447912.html

SOURCE MHP S.A.

FCMI Parent Co. Acquires Additional Street Capital Shares

FCMI Parent Co. Acquires Additional Street Capital Shares

Canada NewsWire

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
AND NOT FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, April 27, 2017 /CNW/ – FCMI Parent Co. (“FCMI Parent”) announced today that it has acquired an additional 300 common shares of Street Capital Group Inc. (“Street Capital”).  The common shares were acquired at a price of $1.19 per share through the facilities of the Toronto Stock Exchange for an aggregate purchase price of $357.

As a result of the acquisition, FCMI Parent now owns and controls 251,700 common shares, representing 0.21% of the outstanding common shares of Street Capital.  FCMI Financial Corporation and Pan Atlantic Bank and Trust Limited, joint actors of FCMI Parent, own 3,703,701 and 8,456,750 common shares, respectively, representing 3.05% and 6.96% of the outstanding common shares of Street Capital.  Together, FCMI Parent and its joint actors own and control  12,412,151 common shares, representing 10.21% of the outstanding common shares of Street Capital.

FCMI Parent or any of its joint actors may, in the future and subject to applicable law, acquire or dispose of common shares or other securities of Street Capital depending upon a number of factors, including but not limited to general market and economic conditions and other available investment opportunities.

SOURCE FCMI Parent Co.

View original content: http://www.newswire.ca/en/releases/archive/April2017/27/c3068.html

Michael Baker International, LLC Announces Changes to the Settlement of Its Tender Offer for 8.250% Senior Secured Notes due 2018 and Solicitation of Consents for Proposed Amendments to the Related Indenture

Michael Baker International, LLC Announces Changes to the Settlement of Its Tender Offer for 8.250% Senior Secured Notes due 2018 and Solicitation of Consents for Proposed Amendments to the Related Indenture

PR Newswire

PITTSBURGH, April 27, 2017 /PRNewswire/ – Michael Baker International, LLC (“Michael Baker International”) announced today that in connection with its tender offer to purchase for cash (the “Tender Offer”) any and all of the $350 million aggregate principal amount outstanding of its 8.250% Senior Secured Notes due 2018 (the “Notes”) issued by it and Michael Baker International Holdco Corporation (formerly known as Michael Baker Corporation, as successor by merger to CDL Acquisition Co. Inc.) and a solicitation of consents (the “Consent Solicitation”) for proposed amendments to the related indenture, it will now settle all Notes that are, or have been, validly tendered (and not validly withdrawn) prior to the expiration of the Tender Offer, and accepted for purchase, on a final settlement date, which is expected to occur promptly following the expiration of the Tender Offer. There will no longer be an initial settlement date; however, the applicable consideration payable to holders of Notes that have been validly tendered and accepted for purchase will not change and such holders will receive accrued and unpaid interest up to, but not including, the final settlement date. 

Consummation of the Tender Offer and the Consent Solicitation are subject to the satisfaction or waiver of the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated as of April 7, 2017 (the “Offer to Purchase and Consent Solicitation Statement”), including the financing condition described therein.  Michael Baker International may amend, extend or terminate the Tender Offer and the Consent Solicitation in its sole discretion.

The Tender Offer and the Consent Solicitation are being made pursuant to the Offer to Purchase and Consent Solicitation Statement, and related consent and letter of transmittal. The Tender Offer will expire at 12:00 midnight (end of day), New York City time, on May 4, 2017.

This news release is neither an offer to purchase nor a solicitation of an offer to sell any Notes.  The Tender Offer and the Consent Solicitation are being made only pursuant to the Offer to Purchase and Consent Solicitation Statement and related letter of transmittal, copies of which will be delivered to holders of the Notes.  Persons with questions regarding the Tender Offer and the Consent Solicitation should contact the following dealer manager —Barclays Capital Inc. at (800) 438-3242 (toll free) or (212) 528-7581 (collect) — or the Information Agent, D.F. King & Co., at (888) 644-6071 (toll free) or (212) 269-5550 (collect).

Michael Baker International is a global leader in engineering, planning, consulting, and professional services. Supported by approximately 6,750 employees in 90 offices worldwide, Michael Baker International provides the full continuum of engineering, consulting, base operations, security management, systems integration, intelligence operations support and analysis, and information technology solutions.

Contact: Justin Falce
justin.falce@mbakerintl.com

Some of the statements in this release may constitute forward-looking statements. Such statements are based on Michael Baker International’s current expectations and could be affected by numerous factors and are subject to various risks and uncertainties. Do not rely on any forward-looking statement, as Michael Baker International cannot predict or control many of the factors that ultimately may affect Michael Baker International’s ability to achieve any expected results. Michael Baker International makes no promise to update any forward-looking statement, whether as a result of changes in underlying factors, new information, future events or otherwise.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/michael-baker-international-llc-announces-changes-to-the-settlement-of-its-tender-offer-for-8250-senior-secured-notes-due-2018-and-solicitation-of-consents-for-proposed-amendments-to-the-related-indenture-300447739.html

SOURCE Michael Baker International, LLC