Apex Trader Funding - News
Archrock, Inc. Announces Tender Offer for Outstanding Notes
HOUSTON, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE:AROC) ("Archrock") announced today that its subsidiaries, Archrock Partners, L.P. and Archrock Partners Finance Corp. (together, the "Offerors"), have commenced an offer to purchase for cash up to $200,000,000 of the outstanding aggregate principal amount of the Offerors' 6.875% Senior Unsecured Notes due 2027 (the "Notes"), upon terms and subject to the conditions set forth in the Offer to Purchase, dated August 12, 2024 (as may be amended or supplemented from time to time, the "Offer to Purchase") (the "Tender Offer").
Notes validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on August 23, 2024 (the "Early Tender Deadline") will be eligible to receive a purchase price of $1,009.00 per $1,000 principal amount of Notes tendered, including an early tender payment of $30.00 per $1,000 principal amount of the Notes tendered. Notes validly tendered and not validly withdrawn after the Early Tender Deadline but at or prior to 5:00 p.m., New York City time, on September 10, 2024 (the "Expiration Time") will be eligible to receive a purchase price of $979 per $1,000 principal amount of Notes tendered. Tendering holders will also receive accrued and unpaid interest from the last interest payment date to, but ...