Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Aecom Technology Corp. > News item |
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As of 5 p.m. ET on April 6, there were $607,940,000 principal amount of notes validly tendered and not withdrawn and all of those notes are expected to be accepted in accordance with the upsizing.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.
© 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.