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AutoCanada Announces Tender Offer for All of its Outstanding 5.625% Senior Notes Due May 25, 2021
AutoCanada Announces Tender Offer for All of its Outstanding 5.625% Senior Notes Due May 2...
About this update from Autocanada Inc.
[{"type":"text","content":"\n\n\n\nAutoCanada Announces Tender Offer for All of its Outstanding 5.625% Senior Notes Due May 25, 2021\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: MIDDLE; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: MIDDLE; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.67em\n}\n.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: MIDDLE; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prnsbb1{\nBORDER-BOTTOM:1pt\n}\n.prnsbr1{\nBORDER-RIGHT:1pt\n}\n.prnvam{\nVERTICAL-ALIGN: MIDDLE\n}\n.prnsbl1{\nBORDER-LEFT:1pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbt1{\nBORDER-TOP:1pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n\n\n\n\n\n\n\nCanada NewsWire\nEDMONTON, Jan. 28, 2020\n\n\n\nEDMONTON, Jan. 28, 2020 /CNW/ - AutoCanada Inc. (\"AutoCanada\" or the \"Company\") (TSX: ACQ), a leading multi-location North American automobile dealership group, today announced that it commenced a cash tender offer (the \"Tender Offer\") to purchase all of the Company's outstanding 5.625% Senior Notes due May 25, 2021 (the \"2021 Notes\").\n\n \n \n\n \nThe complete terms of the Tender Offer are set forth in the Company's Offer to Purchase dated January 28, 2020 (as it may be amended or supplemented from time to time, the \"Offer to Purchase\") and related Letter of Transmittal (the \"Letter of Transmittal\").\nCertain Terms of the Tender Offer\nThe consideration for the 2021 Notes validly tendered prior to 5:00 p.m. (EST), on February 10, 2020, unless extended (such date and time, as the same may be extended, the \"Expiration Time\"), will be $1,016.50 for each $1,000 principal amount of 2021 Notes plus accrued and unpaid interest thereon fr...