SM Energy Company Announces Cash Tender Offer For Any And All Of Its 6.125% Senior Notes Due 2022 And Up To $130.0 million Aggregate Principal Amount Of Its 5.000% Senior Notes Due 2024 And Related Solicitation Of Consent
DENVER , June 9, 2021 |PRNewswire| -- SM Energy Company ("SM Energy") (NYSE: SM ) today announced that it has commenced cash tender offers to purchase (the "Offers") (i) any and all of its outstanding 6.125% Senior Notes due 2022 (CUSIP No. 78454L AK6) (the "2022 Notes"), and (ii) up to an aggregate principal amount not to exceed $130,000,000 (as it may be modified by SM Energy, the "Tender Cap"), of its outstanding 5.000% Senior Notes due 2024 (CUSIP No. 78454L AH3) (the "2024 Notes" and, together with the 2022 Notes, the "Notes"), subject to the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated June 9, 2021 (as it may be amended or supplemented from time to time, the "Offer to Purchase"), and related solicitation of consents (the "Consent Solicitation" and, together with the Offers, the "Tender Offer") from holders of the 2022 Notes to certain proposed amendments to the indenture governing the 2022 Notes (the "Consents"). The following table sets forth certain terms of the Tender Offer: Title of Notes CUSIP Numbers | ISIN Aggregate Principal Amount Outstanding (1) Tender Cap Tender Offer Consideration (2)(3) Early Tender Premium (2) Total Consideration (2)(3)(4) 6.125% Senior Notes due 2022 78454L AK6 US78454LAK61 $212,403,000 N|A $973.25 $30.00 $1,003.25 5.000% Senior Notes due 2024 78454L AH3 US78454LAH33 $277,034,000 $130,000,000 $970.00 $30.00 $1,000.00 ______________________________________ (1) As of the date of this press release. (2) Dollars per $1,000 aggregate principal amount of Notes. (3) Holders will also receive accrued and unpaid interest from the applicable last interest payment with respect to the Notes accepted for purchase to, but not including, the Early Settlement Date or the Final Settlement Date, as applicable.
SM Energy Company Announces Cash Tender Offer For Any And All Of Its 6.125% Senior Notes Due 2022 And Up To $130.0 million Aggregate Principal Amount Of Its 5.000% Senior Notes Due 2024 And Related Solicitation Of Consent
DENVER , June 9, 2021 |PRNewswire| -- SM Energy Company ("SM Energy") (NYSE: SM ) today announced that it has commenced cash tender offers to purchase (the "Offers") (i) any and all of its outstanding 6.125% Senior Notes due 2022 (CUSIP No. 78454L AK6) (the "2022 Notes"), and (ii) up to an aggregate principal amount not to exceed $130,000,000 (as it may be modified by SM Energy, the "Tender Cap"), of its outstanding 5.000% Senior Notes due 2024 (CUSIP No. 78454L AH3) (the "2024 Notes" and, together with the 2022 Notes, the "Notes"), subject to the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated June 9, 2021 (as it may be amended or supplemented from time to time, the "Offer to Purchase"), and related solicitation of consents (the "Consent Solicitation" and, together with the Offers, the "Tender Offer") from holders of the 2022 Notes to certain proposed amendments to the indenture governing the 2022 Notes (the "Consents"). The following table sets forth certain terms of the Tender Offer: Title of Notes CUSIP Numbers | ISIN Aggregate Principal Amount Outstanding (1) Tender Cap Tender Offer Consideration (2)(3) Early Tender Premium (2) Total Consideration (2)(3)(4) 6.125% Senior Notes due 2022 78454L AK6 US78454LAK61 $212,403,000 N|A $973.25 $30.00 $1,003.25 5.000% Senior Notes due 2024 78454L AH3 US78454LAH33 $277,034,000 $130,000,000 $970.00 $30.00 $1,000.00 ______________________________________ (1) As of the date of this press release. (2) Dollars per $1,000 aggregate principal amount of Notes. (3) Holders will also receive accrued and unpaid interest from the applicable last interest payment with respect to the Notes accepted for purchase to, but not including, the Early Settlement Date or the Final Settlement Date, as applicable.