Business
Result of Tender Offer
Result of Tender Offer.
About this update from Intercontinental Hotels Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3638B\n InterContinental Hotels Group PLC\n 07 October 2020\n \n \n \n \n THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014\n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (the United States) OR ANY OTHER JURISDICTION OR TO ANY OTHER PERSON WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT \n \n \n 7 October 2020. \n \n \n InterContinental Hotels Group PLC announces final results of its tender offer for its £400,000,000 3.875 per cent. Notes due 2022\n \n \n \n \n \n InterContinental Hotels Group PLC (the \n Company\n ) announces today the final results of its invitation to holders of its £400,000,000 3.875 per cent. Notes due 28 November 2022 (ISIN: XS0859098351) guaranteed by Six Continents Limited and InterContinental Hotels Limited (together, the \n Guarantors\n ) (the \n Notes\n ) to tender their Notes for purchase by the Company for cash (subject to the satisfaction (without limitation) or waiver of the New Financing Condition on or prior to the Settlement Date (each as defined below)) (the \n Offer\n ). \n \n \n The Offer was announced on 29 September 2020 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 29 September 2020 (the \n Tender Offer Memorandum\n ) prepared by the Company. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.\n \n \n The Expiration Deadline of the Offer was 4.00p.m. London time on Tuesday, 6 October 2020.\n \n \n As at the Expiration Deadline, the Company had received valid tenders of £227,470,000 in aggregate nominal amount of the Notes for purchase. \n \n \n The Company now announces that (subject to the satisfaction (without limitation) or waiver of the New Financing Condition on or prior to the Settlement Date) the Final Acceptance Amount will ...