Aecom upsizes cash tender offer for 5 7/8% notes due 2024

By Rebecca Melvin

Concord, N.H., April 9 – Aecom is increasing the aggregate maximum purchase price of its March 24 tender offer for its 5 7/8% senior notes due 2024 (Cusip: 00766TAD2) to $700 million from $500 million, according to a company release.

As of 5 p.m. ET on April 6, there were $607,940,000 principal amount of notes validly tendered and not withdrawn and all of those notes are expected to be accepted in accordance with the upsizing.

There is $797,252,000 principal amount of the notes outstanding.

In addition, the company announced the tender offer will now expire immediately after 11:59 p.m. ET on April 23, unless extended or earlier terminated by the company. Previously, the offer and consent solicitation was set to expire at 11:59 p.m. ET April 20.

All other terms and conditions of the tender offer and the consent solicitation remain unchanged.

BofA Securities (980 388-3646; debt_advisory@bofa.com) is the dealer manager, and D.F. King & Co., Inc. (800 290-6426, 212 232-3233; aecom@dfking.com) is the tender and information agent.

Based in Los Angeles, Aecom designs, builds, finances and operates infrastructure assets for governments, businesses and organizations.

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