debt
confidence high
sentiment neutral
materiality 0.65
Genesis Energy launches cash tender offer for all $534.8M of 6.5% senior notes due 2025
GENESIS ENERGY LP
- Tender offer for any and all $534.8M of 6.500% senior notes due 2025 at $1,001.25 per $1,000 principal.
- Expiration: Dec 6, 2023; settlement expected Dec 7, 2023.
- Offer conditioned on completion of debt financing sufficient to fund purchase and expenses.
- No minimum tender required; notes may be withdrawn prior to expiration.
- Dealer manager: BofA Securities; information agent: D.F. King & Co.