Signet UK completes 4.7% senior notes tender offer, buys $303,000 more

Chicago, Oct. 3 – Signet UK Finance plc, a wholly owned subsidiary of Signet Jewelers Ltd., announced the completion of its cash tender offer for its 4.7% senior notes due 2024, according to a notice.

By the early deadline, 5 p.m. ET on Sept. 18, the issuer had received valid tenders and consents from holders of $251,873,000, or 62.97%, of the outstanding notes, according to a press release on Thursday.

As of offer expiration at 11:59 p.m. ET on Oct. 2, the company received additional tenders of notes for $303,000.

Holders who tendered their notes after early tender time will receive a total consideration of $920 per $1,000 principal amount of notes plus interest from the most recent interest payment date to but excluding the applicable settlement date.

BofA Securities (888 292-0070 or 980 388-3846) and J.P. Morgan Securities LLC at (866 834-4666 or 212 834-3424) are dealer managers for the tender offer.

D.F. King & Co., Inc. (212 269-5550 for banks and brokers or 800 591-6309 for all others or signet@dfking.com) is the information agent and tender agent.

Signet is a Hamilton, Bermuda-based diamond jewelry retailer.

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