ClubCorp invites 8˝% noteholders to participate in tender offer

Chicago, March 13 – Invited, Inc.’s indirect wholly owned subsidiary ClubCorp Holdings Inc. is inviting noteholders to a partial tender offer for the company’s $109.88 million of outstanding 8˝% senior notes due 2025 (Cusips: 210374AA2, U21007AA4), according to a press release.

Ther company is offering to buy up to $82,731,000 principal amount of notes.

The cash total consideration offered is $950 per $1,000 note, inclusive of a $30 early tender premium only paid to noteholders who tender by the early deadline.

Interest will also be paid.

The early tender time is 5 p.m. ET on March 26, also the withdrawal deadline.

The final deadline is 5 p.m. ET on April 10.

Tenders may be prorated.

Global Bondholder Services Corp. is the tender and information agent (121 430-3774, 855 654-2014, contact@gbsc-usa.com).

Apollo Global Securities, LLC is the dealer manager (929 923-2741, 914 908-0264).

ClubCorp is a Dallas-based owner and operator of private golf and country clubs and business, sports and alumni clubs.

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