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Operadora de Servicios Mega tenders for up to $100 million 8¼% notes
By Wendy Van Sickle
Columbus, Ohio, Dec. 1 – Operadora de Servicios Mega SA de CV tendered for up to $100 million principal amount of its $365,041,000 of outstanding of 8¼% senior notes due 2025 (Cusips: 68373NAA3, P73699BH5), according to a news release.
The company is offering a total consideration of $500 per $1,000 principal amount to holders who tender by the early deadline, 5 p.m. ET on Dec. 14. That amount includes an early tender premium of $50 per $1,000 principal amount.
Holders will also receive accrued interest.
The offer will expire at 11:59 p.m. ET on Dec. 29.
If the tender cap is exceeded, the company will accept notes for repurchase on a prorated basis.
Early settlement is expected on Dec. 16.
Goldman Sachs & Co. LLC (212 357-1452 or 800 828-3182) and HSBC Securities (USA) Inc. (212 525-5552 or 888 472-2456) are the dealer managers.
D.F. King & Co., Inc. (800 331-7024, 212 269-5550 or mega@dfking.com) is the tender agent and information agent.
Operadora de Servicios Mega is a Guadalajara, Mexico-based specialty finance company.
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