Business
Up to $400m Tender Offer for Senior Notes
Up to $400m Tender Offer for Senior Notes.
About this update from Helios Towers Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purpose of Article 7 of the Market Abuse Regulation (EU) 596/2014 (\"MAR\")\nNOT FOR DISTRIBUTION IN OR INTO ANY JURISDICTION OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION IN WHICH SUCH DISTRIBUTION IS UNLAWFUL\n \n\nHELIOS TOWERS ANNOUNCES CASH TENDER OFFER FOR UP TO U.S.$400 MILLION AGGREGATE PRINCIPAL AMOUNT OF 7.000% SENIOR NOTES DUE 2025\nSeptember 14, 2023 - HTA Group, Ltd (the \"Offeror\"), an indirect wholly owned subsidiary of Helios Towers plc (the \"Company\"), announces the launch of its offer to purchase for cash (the \"Tender Offer\") up to U.S.$400 million aggregate principal amount (the \"Maximum Tender Amount\") of the 7.000% Senior Notes due 2025 issued by the Offeror (the \"Notes\") under an indenture dated June 18, 2020 (as amended or supplemented, the \"Indenture\"). The Tender Offer is made upon the terms and subject to the conditions set forth in the offer to purchase dated September 14, 2023 (the \"Offer to Purchase\"), which is available, subject to holder registration and applicable restrictions, via the tender offer website (the \"Tender Offer Website\"): https://projects.morrowsodali.com/HTA.\nThe Offeror reserves the right to increase or decrease the Maximum Tender Amount at its sole discretion.\nThe Tender Offer will expire at 5:00 p.m., New York City time, on October 13, 2023, unless extended or earlier terminated (such time and date, as the same may be extended, the \"Expiration Time\"). Holders who tender their Notes may withdraw such Notes at any time prior to 5:00 p.m., New York City time, on September 27, 2023 (such time and date, as the same may be extended, the \"Withdrawal Deadline\").\nTo receive the Early Tender Consideration (as defined below), which includes an early tender payment of U.S.$30 per U.S.$1,000 principal amount of the Notes accepted for purchase pursuant to the Tender Offer (the \"Early Tender Payment\"), holders must validly tender and not validly withdraw their Notes prior to 5:00 p.m., New York City time, on September 27, 2023, unless extended (such time, as the same may be extended, the \"Early Tender Time\"). Holders who validly tender their Notes after the Early Tender Time but at or prior to the Expiration Time will be eligible to receive only the Tender Offer Consideration, which is an amount ...