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HP Inc. - Tender Offer - Early Tender Results

HP Inc. Announces Early Tender Results for Cash Tender Offer; Increase in the Maximum Amount

12 JULY 2023


Full announcement including disclaimers and offer restrictions available via SEC (Source: HP Inc.)


"The principal amount of each series of Notes that were validly tendered and not validly withdrawn in the Tender Offer as of the Early Tender Deadline is set forth in the tables below.



Because the aggregate Purchase Price of Notes validly tendered prior to the Early Tender Deadline will likely exceed the Maximum Amount, HP does not expect to accept any further tenders of Notes. HP will accept for payment, up to the Maximum Amount, Notes validly tendered and not validly withdrawn in accordance with the acceptance priority levels specified in the table above and on the cover page of the Offer to Purchase (as defined below) in the column entitled “Acceptance Priority Level” (the “Acceptance Priority Level”). Moreover, HP expects to increase the Maximum Amount, subject to the calculation of the consideration to be paid in the Tender Offer, in order to accept for payment all Notes validly tendered and not validly withdrawn at or prior to the Early Tender Deadline with Acceptance Priority Levels 1 through 3. HP expects to accept none of the Notes tendered with Acceptance Priority Levels 4 through 7."


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HP Inc. Commences Cash Tender Offer for Up to $1.0 Billion Aggregate Purchase Price of Certain of its Outstanding Notes

26 JUNE 2023


Full announcement including disclaimers and offer restrictions available via SEC (Source: HP Inc.)


"PALO ALTO, Calif., June 26, 2023 (GLOBENEWSWIRE) – HP Inc. (“HP”) (NYSE: HPQ) today announced it has commenced a cash tender offer (the “Tender Offer”) to purchase outstanding debt securities of HP up to a combined aggregate purchase price, including the applicable Early Tender Premium (as defined below) but excluding accrued and unpaid interest (the “Purchase Price”), of the notes listed in the table below (collectively, the “Notes,” and each a “Series” of Notes) from each registered holder of the applicable Series of Notes (each, a “Holder,” and collectively, the “Holders”) equal to $1,000,000,000 (the “Maximum Amount”), subject to certain acceptance priority levels, each as specified in the table below."


(1) Per $1,000 principal amount of Notes.


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