Aecom tenders for $639 million 5 7/8%, 5 1/8% notes due 2024, 2027

By Rebecca Melvin

New York, June 17 – Aecom has commenced a cash tender offer for up to $639 million principal amount of its outstanding 5 7/8% senior notes due 2024 and 5 1/8% senior notes due 2027, according to a company release.

The par-plus-accrued-interest offer is being made to satisfy obligations under the indentures governing the notes relating to the use of certain cash proceeds from the company’s previously announced disposition of its management services business on Jan. 31.

The offer expires at 11:59 p.m. ET on July 16. The offer is subject to proration if the notes tendered exceed the offer amount.

Payment is expected to occur on the third business day following the expiration date.

D.F. King and Co. Inc. (212 269-5550, 866 270-3626) is the information and tender agent.

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

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