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Newell Rubbermaid: Newell Brands Announces Expiration And Final Results Of The Exchange Offers And Consent Solicitations For Certain Jarden Notes

The following excerpt is from the company's SEC filing.

ATLANTA(BUSINESSS WIRE)Newell Brands Inc. (NYSE:NWL) today announced the expiration and final results of its previously announced offers to exchange (the Exchange Offers) all validly tendered and accepted notes of each series of notes listed in the table below (collectively, the Existing Jarden Notes), previously issued by Jarden Corporation (Jarden), for new notes to be issued by Newell Brands (collectively, the New Newell Brands Notes), and the related solicitation of consents (each, a Consent Solicitation and, collectively, the Consent Solicitations) to amend the indentures gov erning the Existing Jarden Notes.

As of 11:59 p.m., New York City time, on April 15, 2016 (the Expiration Date), the aggregate principal amounts listed in the table below of each series of Existing Jarden Notes had been validly tendered and not validly withdrawn in connection with the Exchange Offers and Consent Solicitations. The final settlement of the Exchange Offers and Consent Solicitations is expected to take place on or about April 20, 2016.

Series of Existing

Jarden Notes

to be Exchanged

CUSIP No.

(144A/Reg S)

ISIN No.

Tenders and

Consents

Received

Percentage of Total

Outstanding

Principal Amount

3 3/4% Senior Notes due October 1, 2021

XS1084944500/

XS1084944096

271,875,000

90.63%

5% Senior Notes due November 15, 2023

471109AN8/

U47121AC9

US471109AN89/

USU47121AC95

$ 295,122,000

98.37%

The Exchange Offers and Consent Solicitations were made solely to eligible holders pursuant to the terms and conditions set forth in the Offering Memorandum and Consent Solicitation Statement dated March 21, 2016 (the Offering Memorandum and Consent Solicitation Statement), and the related Letter of Transmittal and Consent (the Letter of Transmittal) that, collectively, contain a more complete description of the terms and conditions of the Exchange Offers and Consent Solicitations.

The New Newell Brands Notes have not been registered under the Securities Act of 1933, as amended (the Securities Act) or any state securities laws. Newell Brands has agreed to use commercially reasonable efforts to file an exchange offer registration statement to register the New Newell Brands Notes for a new issue of substantially identical debt securities registered under the Securities Act. Newell Brands has also agreed to use commercially reasonable efforts to file a shelf registration statement to cover resales of the New Newell Brands Notes under certain circumstances. The New Newell Brands Notes may...


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