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Mondelez International Reports Early Tender Results

January 29, 2014

Mondelez International, Inc. announced the early tender results as of 5 p.m. Eastern time on Jan. 23 , for its previously announced cash tender offer for a portion of its 6.500 percent Notes due 2040, 7.000 percent Notes due 2037, 6.875 percent Notes due 2038, 6.875 percent Notes due 2039 and 6.500 percent Notes due 2031. In a release on Jan. 24 , the Company announced that it has amended the terms of the Tender Offer and that the "Maximum Amount" for the Notes is being increased from $1,000,000,000 to $1,560,004,000 . Additionally, the aggregate principal amount of the Priority 1 Notes that the company will purchase in the Tender Offer is being increased from $500,000,000 to $534,883,000 . All other terms of the Tender Offer, as previously announced, remain unchanged. Subject to the terms and conditions of the Tender Offer, the company expects that it will accept for purchase Notes validly tendered and not validly withdrawn prior to the Early Tender Deadline in an aggregate principal amount equal to the Maximum Amount. The settlement for the Notes accepted by the company in connection with the Early Tender Deadline is currently expected to take place on Jan. 27 . The Notes tendered pursuant to the Tender Offer may no longer be withdrawn, unless otherwise required by law. The Tender Offer will expire at 11:59 p.m., Eastern time , on Feb. 6 , unless extended. However, as the company intends, subject to the terms and conditions of the Tender Offer, to accept for purchase the Maximum Amount on the Settlement Date, further tenders of Notes prior to the Expiration Time will not be accepted for purchase. The Tender Offer is not conditioned upon any minimum amount of Notes being tendered, and the Tender Offer may be amended, extended, terminated or withdrawn in whole or with respect to one or more series of Notes. The amounts of each series of Notes that are purchased on the Settlement Date will be determined in accordance with the acceptance priority levels and the proration procedures described in the Offer to Purchase. It is expected that the Priority 1 Notes will be subject to a proration factor of approximately 30.7 percent. The company's obligation to accept for purchase, and to pay for, any Notes validly tendered (and not validly withdrawn) and accepted for purchase pursuant to the Tender Offer is conditioned upon the satisfaction or waiver of the conditions described in the Offer to Purchase under the heading "Terms of the Tender Offer,Conditions to the Tender Offer". The Tender Offer, as amended hereby, is being made pursuant to an Offer to Purchase, dated Jan. 9 and related Letter of Transmittal, which set forth a description of the other terms and conditions of the Tender Offer. Barclays Capital Inc. , RBS Securities Inc. , Citigroup Global Markets Inc. , Goldman, Sachs & Co. , HSBC Securities ( USA ) Inc. and UBS Securities are serving as Lead Dealer Managers for the Tender Offer. Questions regarding the Tender Offer may be directed to Barclays Capital Inc. at (800) 438-3242 (toll-free) or (212) 528- 7581 (collect) or to RBS Securities Inc. at (877) 297-9832 (toll- free) or (203) 897-6145 (collect). Requests for the Offer to Purchase or the Letter of Transmittal or the documents incorporated by reference therein may be directed to Global Bondholder Services Corp. , which is acting as Tender and Information Agent for the Tender Offer, at the following telephone numbers: banks and brokers, 212-430-3774; all others toll free at 866-924-2200. Mondelez International, Inc. is a provider of snacking products. ((Comments on this story may be sent to newsdesk@closeupmedia.com ))


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