Penney has net proceeds from the offering remaining after payment of the tender consideration and fees and expenses associated with the offering of the notes and the tender offers, it intends to use the net proceeds from the offering of the notes for general corporate purposes, which may include further retirement of its existing notes, including defeasance of any untendered
secured status has a negative effect on the value of untendered
Penney's existing notes, including defeasance of any untendered
The acquisition is to be followed by a merger in which each remaining untendered
share of Inventure Foods will be converted into the right to receive the same USD 4.00 per share cash price paid in the tender offer.
The issue opened with an introductory essay, suggestively titled "Untendered
Eyes," by the issue's guest editor, Lena Burgos-Lafuente, which stresses the untranslatable--that is, the unfixable--many "ojos/yoes" of Julia de Burgos (2014, 6).
(51.) See HORNBECK, supra note 1, at 7 (noting that in spite of the high bond exchange participation rate, the remaining untendered
bonds presented a problem for Argentina given ongoing litigation).
On October 28, 2015 Kelvin Goertzen moved an opposition day motion urging "That the Legislative Assembly condemn the Provincial Government's actions in repeatedly violating procurement rules in awaiting untendered
contracts, as highlighted in the March 2014 Report from the Auditor General of Manitoba, including announcing a $5 million contract for flood fighting equipment without tender and without Treasury Board approval on July 25, 2014." Following an afternoon of debate the motion was defeated on a vote of yeas 18, nays 31.
Ca rating on Argentina's $6.3 billion of debt untendered
in the 2005 and
suspended any future payments on the untendered
Reddy further said the Congress Government in the state has been adopting an anti-farmer stand and has failed to check the growing prices of agriculture inputs besides supply of quality seeds and fertilizers, and added that the Jalayagnam was put on the back burner and many projects were left untendered
The Kathimerini newspaper on Sunday said Greek authorities were also working on draft legislation to introduce a "collective action clause" to squeeze out bondholders so that the terms of any untendered
bonds have the same as the new ones if a majority of debtholders -- for instance 75% -- vote in favour of the exchange.