debt
confidence high
sentiment neutral
materiality 0.55
Take-Two ups tender cap to $650M, accepts notes at 96.13% proration, total consideration $984.07
TAKE TWO INTERACTIVE SOFTWARE INC
- Increased maximum principal amount of 3.300% Senior Notes due 2024 tender to $650M from $500M.
- $676.2M principal validly tendered by early deadline; accepted on pro rata basis at 96.13% proration factor.
- Total consideration of $984.07 per $1,000 principal, including $50 early tender premium.
- Early settlement expected June 5, 2023; no further acceptance of tenders after early deadline.
- J.P. Morgan acting as lead dealer manager; D.F. King as information and tender agent.