debt
confidence high
sentiment neutral
materiality 0.50
Winnebago upsizes tender offer to $100M, receives $243.9M tendered
WINNEBAGO INDUSTRIES INC
- Increased tender cap from $75M to $100M for 6.250% Senior Secured Notes due 2028.
- As of Early Tender Date, $243.9M (81.3% of outstanding) validly tendered; $100M accepted at proration.
- Total consideration $1,005 per $1,000 principal plus accrued interest; early settlement Feb 20, 2025.
- Withdrawal rights expired; remaining tendered notes not accepted.
- J.P. Morgan Securities LLC acted as Dealer Manager for the offer.