Tyson Foods announces early results of USD 1.2 billion cash tender offer for notes due 2027-2029
TSN•Early results of tender offer
Tyson Foods launched cash tender offers for certain Senior Notes, targeting up to USD 1.2 billion in aggregate purchase price.
- Early tenders totaled USD 571.26 million of 3.55% Senior Notes due 2027.
- Early tenders totaled USD 389.97 million of 5.4% Senior Notes due 2029.
- Early tenders included USD 542.12 million of 4.35% Senior Notes due 2029; expected proration due to the cap.
- Early settlement is set for Aug. 26; pricing set for Aug. 24; the 5.4% 2029 tender sub-cap was removed.
