NCIG Announces Pricing Terms for Cash Tender Offer of its Outstanding Senior Secured Notes due 2027
Newcastle Coal Infrastructure Group Pty Ltd, a subsidiary of NCIG Holdings Pty Ltd, has announced the pricing terms for its cash tender offer to purchase all outstanding 4.400% Guaranteed Senior Secured Notes due in 2027. The Offer is set to expire on September 23, 2026 at 5:00 p.m., New York City time unless extended or terminated earlier. The tender offer includes a Tender Offer Consideration of $993.11 per original US$1,000 principal amount validly tendered and accepted for purchase. Holders will also receive accrued interest from the last payment date up to but not including the Settlement Date on September 28, 2026. The settlement is conditional upon several factors outlined in the Offer to Purchase document, such as financing conditions and general terms. The company reserves the right to waive any of these conditions or extend the offer period.
Topics: bond tender offer debt management