El Puerto de Liverpool gives tender results for 3 7/8% notes due 2026

Chicago, Oct. 5 – Mexico’s El Puerto de Liverpool SAB de CV gave the final results of its capped cash tender offer for up to $300 million of its $750 million outstanding 3 7/8% senior notes due 2026 (Cusips: 283837AB8, P3691NBF6), according to a press release.

At the final deadline at 11:59 p.m. ET on Oct. 4, noteholders tendered $27,521,000 of additional notes since the early deadline. Noteholders had tendered $224,856,000 of their notes earlier in the offer.

In total, noteholders tendered $252,377,000, or around 33.65%, of their notes.

The company extended the offer to pay $1,091 per $1,000 principal amount, which includes the early tender premium of $30 per $1,000 principal amount of notes, to the final deadline.

Interest will also be paid to the settlement date.

Settlement is set for Oct. 7.

Santander Investment Securities Inc. (855 404-3636, 212 940-1442) is acting as dealer manager for the offer.

D.F. King & Co. Inc. (212 269-5550, 866 406-2287, liverpool@dfking.com) is the tender agent and information agent.

The department store chain is based in Mexico City.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.