Chile’s Pampa Calichera offers to buy back up to $70 million 7¾% notes

By Angela McDaniels

Tacoma, Wash., Sept. 10 – Sociedad de Inversiones Pampa Calichera SA began a tender offer for up to $70 million of its $246 million outstanding 7¾% senior secured notes due 2022, according to a company news release.

The company is offering $980 for each $1,000 principal amount of notes plus accrued interest up to but excluding the settlement date.

The offer will end at 5 p.m. ET on Oct. 8.

If more than the $70 million of notes are tendered, the amount of notes that will be purchased will be prorated.

The company reserves the right, but is not obligated, to increase the maximum repurchase amount.

The tender agent and information agent is Global Bondholder Services Corp. (866 807-2200 or 212 430-3774).

Pampa Calichera is a Santiago, Chile-based holding company whose principal corporate purpose is to invest in shares of Sociedad Quimica y Minera de Chile SA, a Santiago-based supplier of specialty fertilizers and inorganic industrial chemicals.

© 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.