debt
confidence high
sentiment neutral
materiality 0.60
Genesis Energy launches cash tender offer for $341.1M of 5.625% senior notes due 2024
GENESIS ENERGY LP
- Tender offer for any and all of $341.1M outstanding 5.625% senior notes due 2024.
- Expiration: Jan 24, 2023; settlement expected Jan 25, 2023.
- Consideration: $1,001.70 per $1,000 principal plus accrued unpaid interest.
- Condition: successful completion of one or more debt financing transactions to fund purchase.
- Not conditioned on minimum tender; may be amended, extended, or terminated.