皇冠体育斯自然资源公司宣布截至日期的优先票据交换要约、提前投标日期的延长和2018年优先票据要约的增加结果
皇冠体育2016年2月10日/美通社/——Cliffs Natural Resources Inc.(纽约证券交易所代码:CLF)今天宣布了迄今为止其待定非公开价的结果,该非公开价旨在用其新发行的2020年到期的8.00% 1.5留置优先担保票据(“新1.5留置票据”)交换下表中列出的某些Cliffs未偿还票据(“现有票据”)。截至纽约时间2016年2月9日下午5点(“提前投标日”),已在交换要约中投标了总额约为4.653亿美元的现有票据本金。
Cliffs还宣布,交换要约的提前投标日期已延长至纽约时间2016年2月26日下午5点,2018年到期的3.95%优先票据的交换对价已增加,如下所述。因此,所有在延长的提前投标日期之前投标的现有票据将有资格获得下表所示的“总交换对价”,其中包括新1.5留置权票据本金50美元的“提前投标溢价”。
Cliffs董事长、总裁兼首席执行官Lourenco Goncalves表示:“我们对债务转换的初步结果感到非常满意,迄今为止,债务转换每年将节省1300万美元的利息支出,减少2.68亿美元的债务。此外,在交换要约还剩17天的情况下,我们将延长整个债券系列的早期投标截止日期,并将2018年到期的3.95%优先票据的总交换对价从500美元提高到650美元。我们相信,这一额外的考虑将为2018年到期的3.95%优先票据的持有人参与此次交易提供进一步的激励。”
新1.5留置权票据本金金额(1) |
|||||
系列名称/CUSIP编号 |
总 |
交换 |
早期的温柔 |
总交流 |
总 |
3.95% 2018年到期的优先票据/18683K AF8* |
311.2美元 |
600.00美元 |
50.00美元 |
650.00美元 |
14.8美元 |
5.90% 2020年到期优先票据/18683K AA9 |
290.8美元 |
350.00美元 |
50.00美元 |
400.00美元 |
53.8美元 |
7.75% 2020 /18683K / AG6/ U18618AA3到期的第二留置权票据 |
544.2美元 |
450.00美元 |
50.00美元 |
500.00美元 |
92.0美元 |
4.80% 2020年到期优先票据/18683K AB7 |
306.7美元 |
350.00美元 |
50.00美元 |
400.00美元 |
42.7美元 |
4.875% 2021年到期优先票据/18683K AD3 |
412.5美元 |
350.00美元 |
50.00美元 |
400.00美元 |
69.4美元 |
6.25% 2040 /18683K到期优先票据 |
492.8美元 |
340.00美元 |
50.00美元 |
390.00美元 |
192.6美元 |
(1) |
每1,000元现钞本金 |
(2) |
包括提早投标补价 |
* |
2018年到期的3.95%优先票据的应付利率将在信用评级发生变化时进行调整,目前的最高利率为每年5.95%。 |
根据提前投标日期的结果,将为所有有效投标的现有票据发行的新1.5留置权票据的本金总额约为1.97亿美元。根据交换要约的条款,在交换要约中发行的新1.5留置权票据的总本金金额限制在7.1亿美元(“最高交换金额”)。
交换要约将于纽约时间2016年2月26日下午5点到期(“到期日”)。投资者撤回现有票据投标的最后期限已过。因此,除非在发行备忘录和相关传送信中描述的某些有限情况下,不得再撤回已投标的现有票据。
在交换要约中接受交换的现有票据的合格持有人还将收到一笔现金付款,金额相当于该等现有票据从适用的最近利息支付日至(但不包括)交换要约结算日的应计和未付利息。新1.5留置权票据的利息将从该结算日起产生,该结算日将在到期日之后立即发生。
如发行备忘录和相关传送信所述,交换要约以满足或放弃某些惯例附加条件为条件。交换要约不以任何现有票据的最低金额为条件。现有票据的交换要约可以被修改、延长或终止,在每种情况下,既可以作为一个整体,也可以单独针对任何一个或多个特定系列的现有票据进行修改、延长或终止。
发售备忘录及其他与交换要约有关的文件只会分发给填写并交回资格表格的持有人,以确认他们是(i)《证券法》第144A条所指的“合格机构买家”或(ii)《证券法》第S条所指的皇冠体育官网境外的非“皇冠体育官网人士”(此类人士称为“合格持有人”)。希望获得并填写资格表格的持有人可为此访问网站http://www.gbsc-usa.com/eligibility/cliffs,或致电全球债券持有人服务公司(Global Bondholder Services Corporation),即交易所要约的信息代理和存管人,电话:(866)470-4300(免费电话)或(212)430-3774(银行和经纪人的付费电话)。
本公司仅根据经本新闻稿修订的发行备忘录和相关传输函的条款作出交换要约。合资格持有人在就交换要约作出任何决定前,应仔细阅读发售备忘录及相关的传送信。公司、经销商经理、信息代理和存托人均未就合格持有人是否应投标或不投标其现有票据提出任何建议。合格持有人必须自行决定是否投标现有票据,如果是,则投标现有票据的本金金额。在任何司法管辖区,如果作出或接受要约不符合证券、蓝天或该司法管辖区的其他法律,则不会向现有票据的持有人作出交换要约。在任何司法管辖区,如果证券法或蓝天法要求交易要约由持牌经纪人或交易商发出,则交易要约将被视为由交易商经理或根据该司法管辖区的法律获得许可的一名或多名注册经纪人或交易商代表Cliffs发出。
本新闻稿不构成购买证券的要约或出售任何证券的要约的招揽,或出售或购买任何证券的要约的招揽,也不构成在任何司法管辖区的要约或招揽,该要约或招揽是非法的。
关于Cliffs Natural Resources Inc.皇冠体育斯自然资源公司是皇冠体育官网领先的矿业和自然资源公司。该公司是北美钢铁行业铁矿石球团的主要供应商,其矿山和球团厂位于密歇根州和明尼苏达州。皇冠体育斯还在西澳大利亚经营着一个铁矿石开采综合体。在安全、社会、环境和资本管理的核心价值观的推动下,皇冠体育斯的员工努力为所有利益相关者提供运营和财务透明度。
Forward-Looking Statements
This release contains statements that constitute "forward-looking statements" within the meaning of the federal securities laws. As a general matter, forward-looking statements relate to anticipated trends and expectations rather than historical matters. Forward-looking statements are subject to uncertainties and factors relating to Cliffs' operations and business environment that are difficult to predict and may be beyond our control. Such uncertainties and factors may cause actual results to differ materially from those expressed or implied by the forward-looking statements. These statements speak only as of the date of this release, and we undertake no ongoing obligation, other than that imposed by law, to update these statements. Uncertainties and risk factors that could affect Cliffs' future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: trends affecting our financial condition, results of operations or future prospects, particularly the continued volatility of iron ore prices; availability of capital and our ability to maintain adequate liquidity, in particular considering borrowing base reductions from the sale of non-core assets such as North American Coal; continued weaknesses in global economic conditions, including downward pressure on prices caused by oversupply or imported products, including the impact of any reduced barriers to trade, reduced market demand and any change to the economic growth rate in China; our ability to reach agreement with our iron ore customers regarding any modifications to sales contract provisions, renewals or new arrangements; uncertainty relating to restructurings in the steel industry and/or affecting the steel industry; our ability to maintain appropriate relations with unions and employees and enter into or renew collective bargaining agreements on satisfactory terms; the impact of our customers reducing their steel production or using other methods to produce steel; our ability to successfully execute an exit option for our Canadian Entities that minimizes the cash outflows and associated liabilities of such entities, including the Companies' Creditors Arrangement Act (Canada) process; our ability to successfully identify and consummate any strategic investments and complete planned divestitures; our ability to successfully diversify our product mix and add new customers beyond our traditional blast furnace clientele; the outcome of any contractual disputes with our customers, joint venture partners or significant energy, material or service providers or any other litigation or arbitration; the ability of our customers and joint venture partners to meet their obligations to us on a timely basis or at all; the impact of price-adjustment factors on our sales contracts; changes in sales volume or mix; our actual levels of capital spending; our actual economic iron ore reserves or reductions in current mineral estimates, including whether any mineralized material qualifies as a reserve; events or circumstances that could impair or adversely impact the viability of a mine and the carrying value of associated assets, as well as any resulting impairment charges; the results of prefeasibility and feasibility studies in relation to projects; impacts of existing and increasing governmental laws and regulation and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorization of, or from, any governmental or regulatory entity and costs related to implementing improvements to ensure compliance with regulatory changes; our ability to cost-effectively achieve planned production rates or levels; uncertainties associated with natural disasters, weather conditions, unanticipated geological conditions, supply or price of energy, equipment failures and other unexpected events; adverse changes in currency values, currency exchange rates, interest rates and tax laws; risks related to international operations; availability of capital equipment and component parts; the potential existence of significant deficiencies or material weakness in our internal control over financial reporting; problems or uncertainties with productivity, tons mined, transportation, mine-closure obligations or costs, environmental liabilities, employee-benefit costs and other risks of the mining industry; the satisfaction of the conditions precedent to completing the Exchange Offers and our ability to consummate any or all of the Exchange Offers; and the risk factors identified in Part I - Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2014 and in Part II - Item 1A of our Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2015, June 30, 2015 and September 30, 2015. The information contained herein speaks as of the date of this release and may be superseded by subsequent events. Except as may be required by applicable securities laws, we do not undertake any obligation to revise or update any forward-looking statements contained in this release.
要查看美通社的原始版本,请访问:http://www.prnewswire.com/news-releases/cliffs-natural-resources-inc-announces-results-to-date-of-exchange-offers-for-senior-notes-extension-of-early-tender-date-and-increase-to-the-2018-senior-notes-offer-300218043.html
源崖自然资源有限公司。
2016年2月10日发布