Mingulay starts capped offer to buy 4.25% Southeast Supply Header notes

By Wendy Van Sickle

Columbus, Ohio, Sept. 13 – Mingulay Funding LLC announced an offer to purchase the $400 million outstanding 4.25% senior notes due 2024 issued by Southeast Supply Header LLC (Cusip: 841504AB9) for up to a maximum purchase price of $95,625,000, plus accrued interest, according to a news release Wednesday.

The company is offering a purchase price per $1,000 principal amount of $956.25, which is exclusive of accrued interest.

Tenders will be subject to proration if the maximum purchase price is exceeded.

The offer will expire at 5 p.m. ET on Oct. 12, which is also the withdrawal deadline. Settlement is expected on Oct. 16,

Global Bondholder Services Corp. (212-430-3774 or contact@gbsc-usa.com) is the tender and information agent.

Southeast Supply is a Houston-based gas transmission and distribution company.

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