HNI exchange offer expires with 78% of Steelcase notes tendered; acquisition approved, close Dec 10

HNI CORP

78% ($351M) of Steelcase's $450M 5.125% notes tendered in exchange for new HNI notes.
Shareholders of HNI and Steelcase voted to approve the acquisition on Dec 5.
Acquisition expected to close Dec 10; exchange offer settlement also Dec 10.
Consent solicitation to eliminate restrictive covenants effective on settlement.

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