Archrock, Inc. Announces Tender Offer for Outstanding Notes
2024年8月13日 - 5:05AM
Archrock, Inc. (NYSE: AROC) (“Archrock”) announced today that its
subsidiaries, Archrock Partners, L.P. and Archrock Partners Finance
Corp. (together, the “Offerors”), have commenced an offer to
purchase for cash up to $200,000,000 of the outstanding aggregate
principal amount of the Offerors’ 6.875% Senior Unsecured Notes due
2027 (the “Notes”), upon terms and subject to the conditions set
forth in the Offer to Purchase, dated August 12, 2024 (as may be
amended or supplemented from time to time, the “Offer to Purchase”)
(the “Tender Offer”).
Notes validly tendered and not validly withdrawn
at or prior to 5:00 p.m., New York City time, on August 23, 2024
(the “Early Tender Deadline”) will be eligible to receive a
purchase price of $1,009.00 per $1,000 principal amount of Notes
tendered, including an early tender payment of $30.00 per $1,000
principal amount of the Notes tendered. Notes validly tendered and
not validly withdrawn after the Early Tender Deadline but at or
prior to 5:00 p.m., New York City time, on September 10, 2024 (the
“Expiration Time”) will be eligible to receive a purchase price of
$979 per $1,000 principal amount of Notes tendered. Tendering
holders will also receive accrued and unpaid interest from the last
interest payment date to, but not including, the applicable
settlement date.
Subject to certain exceptions, tendered Notes
can only be withdrawn before 5:00 p.m., New York City time, on the
Early Tender Deadline (the “Withdrawal Deadline”). Following the
Withdrawal Deadline, holders who have tendered their Notes may not
withdraw such Notes unless the Offerors are required to extend
withdrawal rights under applicable law.
The Offerors expressly reserve the right, in
their reasonable discretion, subject to applicable law, to
terminate the tender offer at any time prior to the Expiration
Time. The Offerors will not be required to purchase any of the
Notes tendered unless certain conditions have been satisfied.
In connection with the Tender Offer, the
Offerors have retained Wells Fargo Securities, LLC as the Dealer
Manager. Questions regarding the tender offer should be directed to
Wells Fargo Securities, LLC by calling collect at (704) 410-4820 or
toll free at (866) 309-6316. Requests for copies of the Offer to
Purchase and related documents should be directed to D.F. King
& Co., Inc., the Information Agent for the tender offer, at
(888) 628-9011 (toll free) or 212-269-5550.
This announcement is not an offer to purchase or
a solicitation of an offer to sell with respect to any Notes. Any
offer to purchase the Notes will be made by means of an Offer to
Purchase. No offer to purchase will be made in any jurisdiction in
which such an offer to purchase would be unlawful.
About Archrock
Archrock is an energy infrastructure company
with a primary focus on midstream natural gas compression and a
commitment to helping its customers produce, compress and transport
natural gas in a safe and environmentally responsible way.
Headquartered in Houston, Texas, Archrock is a premier provider of
natural gas compression services to customers in the energy
industry throughout the U.S. and a leading supplier of aftermarket
services to customers that own compression equipment. For more
information on how Archrock embodies its purpose, WE POWER A
CLEANER AMERICA, please visit www.archrock.com.
About Archrock Partners
Archrock Partners is a leading provider of
natural gas compression services to customers in the oil and
natural gas industry throughout the United States. Archrock owns
all of the limited and general partnership interests in Archrock
Partners.
SOURCE: Archrock, Inc.
For information, contact:
Archrock, Inc. |
|
INVESTORS Megan RepineVP of Investor
Relations281-836-8360investor.relations@archrock.com |
|
MEDIA Andrew Siegel / Jed Repko Joele Frank212-355-4449 |
|
Archrock (NYSE:AROC)
過去 株価チャート
から 12 2024 まで 1 2025
Archrock (NYSE:AROC)
過去 株価チャート
から 1 2024 まで 1 2025