Business
Extension of expiration time of its Tender Offer
Extension of expiration time of its Tender Offer.
About this update from Fresnillo Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4726A\n Fresnillo PLC\n 29 September 2020\n \n \n \n \n Fresnillo Plc\n \n \n 21 Upper Brook Street\n \n \n London W1K 7PY\n \n \n United Kingdom\n \n \n \n \n www.fresnilloplc.com\n \n \n \n \n \n \n \n September 29, 2020\n \n \n \n \n \n \n \n \n FRESNILLO ANNOUNCES EXTENSION OF THE EXPIRATION TIME OF ITS CASH TENDER OFFER\n \n \n \n \n \n \n MEXICO CITY, MEXICO - September 29, 2020 - \n \n Fresnillo plc (\"Fresnillo\") (LSE: FRES; BMV: FRES) \n announces that it is extending the expiration time of its previously announced offer (the \"Tender Offer\") \n to purchase for cash any and all of its outstanding US$800,000,000 principal amount of 5.500\n % Notes due 20\n 23 (CUSIP/ISIN: \n 358070AA8; G371E2AA6 / US358070AA88; USG371E2AA61) \n (the \"Tender Securities\"),\n to 5:00 p.m., New York City time, on September 29, 2020 (the \"New Expiration Time\").\n \n \n Holders of US$480,411,000 aggregate principal amount of Tender Securities had tendered their Tender Securities and Holders of US$1,200,000 aggregate principal amount of Tender Securities had delivered notices of guaranteed delivery in respect of Tender Securities, in each case prior to 8:00 a.m., New York City time, on September 29, 2020, the original expiration time of the Tender Offer (the \"Original Expiration Time\"). \n \n \n Fresnillo is also extending the previously announced withdrawal time for the Tender Offer to 5:00 p.m., New York City time, on September 29, 2020 (the \"New Withdrawal Time\"). Tender Securities validly tendered prior to the Original Expiration Time, and any Tender Securities tendered after the Original Expiration Time and prior to the New Expiration Time, may be withdrawn prior to the New Withdrawal Time.\n \n \n The Tender Offer is being made pursuant to the terms and conditions set forth in the offer to purchase dated September 22, 2020 (the \"Offer to Purchase\") and the related notice of guaranteed delivery (together with the Offer to Purchase, the \"Offer Documents\"). \n Except as otherwise described in this press release, all other terms of the Tender Offer as described in the Offer Documents remain unchanged.\n \n \n # # #\n \n \n Fresnillo has retained Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Santander Investment Securities Inc. to act as deal...