Soechi Capital begins tender offer on up to $20 million global notes

By Taylor Fox

New York, March 26 – Soechi Capital pte Ltd. commenced an offer to purchase for cash up to $20 million of its global notes (Cusip: Y8078LAA4), according to a notice.

Holders who tender notes will receive $800 per $1,000 of notes tendered, plus interest.

If the amount of notes tendered exceeds the maximum purchase amount, the notes will be accepted on a pro rata basis.

The offer is conditioned on certain funding conditions, general conditions and other conditions.

The offer will expire at 12 p.m. ET April 1.

The settlement date is expected to be April 9.

Morrow Sodali Ltd. (203 609-4910; soechi@investor.morrowsdali.com) is the information and tender agent, and Standard Chartered Bank (Singapore) Ltd. (liability_management@sc.com) is the sole dealer manager.

Based in Jakarta, Indonesia, Soechi Lines is a shipbuilding and repair company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.