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Published on 7/13/2020 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Boise Cascade begins tender for any and all 5 5/8% notes due 2024

Chicago, July 13 – Boise Cascade Co. started a tender offer for any and all of its outstanding $350 million 5 5/8% senior notes (ISINs: US09739DAC48, USU0900UAB71) due 2024 on Monday, according to a market source and a press release.

The company is offering a total consideration of $1,032.50 per $1,000 principal amount of notes plus any accrued interest up to the settlement date, expected for July 27.

The offer will expire at 5 p.m. ET on July 24.

The guaranteed delivery expiration date is 5 p.m. ET on July 28.

The offer is subject to a number of conditions, including the receipt of at least $400 million from a debt financing transaction.

Wells Fargo Securities, LLC (866 309-6316, 704 410-4759, liabilitymanagement@wellsfargo.com) is the dealer manager for the offer.

D.F. King & Co., Inc. (www.dfking.com/boise, boise@dfking.com, 888 605-1957, 212 269-5550) is the tender agent.

Boise Cascade is a manufacturer and distributor of lumber and building materials based in Boise, Idaho.


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