Sign-up for CVS Caremark Corporation Announces Cash Tender Offers for its 6.250% Senior Notes due 2027, 6.125% Senior Notes due 2039, 5.750% Senior Notes due 2041 and 5.750% Senior Notes due 2017 investment picks
PITTSBURGH , July 29, 2014 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) ("CONSOL") today announced that it has commenced a modified "Dutch Auction" cash tender offer (the "Tender Offer") to purchase up to $200,000,000 principal amount (the "Tender Cap") of its 8.25% senior notes due 2020 (the "2020 Notes"). The Tender Offer will expire at 11:59 p.m. , New York City time, on August 25, 2014 , unless extended by CONSOL in its sole discretion (such time, as the same may be extended, the "Expiration Time"). Holders of 2020 Notes that validly tender (and do not validly withdraw) their 2020 Notes prior to 5:00 p.m. , New York City time, on August 11, 2014 , unless extended by CONSOL in its sole discretion (such time, as the same may be extended, the "Early Tender Time"), will be eligible to receive the Total Consideration (as defined below) for their 2020 Notes.
Sign-up for Darden Announces Cash Tender Offer for up to $600,000,000 Aggregate Principal Amount of its 4.50% Senior Notes due 2021, 3.350% Senior Notes due 2022, 6.000% Senior Notes due 2035 and 6.200% Senior Notes due 2017 investment picks
Calpine Corporation (NYSE: CPN) announced today that it has commenced
cash tender offers to purchase any and all of its outstanding 7.875%
Senior Secured Notes due 2020 (CUSIP Nos.: U13055 AK1 and 131347 BS4)
and 7.50% Senior Secured Notes due 2021 (CUSIP Nos.: U13055 AM7 and
131347 BW5) (collectively, the “Notes”) and solicitation of consents
(the “Consents”) from holders of each series of Notes to effect certain
proposed amendments to the relevant indenture governing such series of
Notes (each, an “Indenture”). These amendments would (i) eliminate
substantially all of the restrictive covenants, certain events of
default and related provisions contained in the applicable Indenture,
(ii) release the liens on the collateral securing the applicable Notes
and (iii) amend the satisfaction and discharge provisions of such
Indenture (the “Offers and Consent Solicitations”).
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