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J.B. Poindexter & Co., Inc. - Tender Offer - Expiration and Results

J.B. Poindexter & Co., Inc. Announces the Expiration and Results of Cash Tender Offer for Any and All 7.125% Senior Notes Due 2026 - US730481AJ74 - USU7264XAA82

12 DECEMBER 2023


Full announcement including disclaimers and offer restrictions available via Prnewswire: Source: J.B. Poindexter & Co., Inc.


"HOUSTON, Dec. 12, 2023 /PRNewswire/ -- J.B. Poindexter & Co., Inc. ("J.B. Poindexter") announced today that the previously announced offer to purchase for cash (the "Tender Offer") any and all of its outstanding 7.125% Senior Notes due 2026 (the "2026 Notes") expired at 5:00 p.m., New York City time, on December 12, 2023 (the "Expiration Time"). As of the Expiration Time, $528,656,000 or 96.12% of the $550 million aggregate principal amount outstanding of the 2026 Notes had been validly tendered and not validly withdrawn (not including any amount of the 2026 Notes submitted pursuant to the guaranteed delivery procedures described in the Offer to Purchase, dated as of December 4, 2023 (the "Offer to Purchase") and the related notice of guaranteed delivery (together with the Offer to Purchase, the "Offer Documents")). Payment for the 2026 Notes validly tendered and accepted for purchase will be made on December 18, 2023 (the "Settlement Date").


Certain information regarding the 2026 Notes is set forth in the table below.




Holders of the 2026 Notes ("Holders") who validly tendered, and did not validly withdraw, their 2026 Notes at or prior to the Expiration Time, or pursuant to the guaranteed delivery procedures described in the Offer Documents, will be eligible to receive in cash the consideration (the "Tender Offer Consideration") of $1,005.50 for each $1,000 principal amount of the 2026 Notes validly tendered, and not validly withdrawn, and accepted for purchase, plus accrued and unpaid interest on the 2026 Notes validly tendered and accepted for purchase from October 15, 2023, the last interest payment date, up to, but not including, the Settlement Date."


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J.B. Poindexter & Co., Inc. Announces Pricing Terms of Cash Tender Offer for Any and All 7.125% Senior Notes Due 2026 - US730481AJ74 - USU7264XAA82

12 DECEMBER 2023


Full announcement including disclaimers and offer restrictions available via Prnewswire: Source: J.B. Poindexter & Co., Inc.


"HOUSTON, Dec. 12, 2023 /PRNewswire/ -- J.B. Poindexter & Co., Inc. ("J.B. Poindexter") today announced the pricing terms of the previously announced offer to purchase for cash (the "Tender Offer") any and all of its outstanding 7.125% Senior Notes due 2026 (the "2026 Notes"). The Tender Offer is being made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase, dated as of December 4, 2023 (the "Offer to Purchase") and the related notice of guaranteed delivery (together with the Offer to Purchase, the "Offer Documents"). Holders of the 2026 Notes ("Holders") are urged to read the Offer Documents carefully before making any decision with respect to the Tender Offer.


The consideration (the "Tender Offer Consideration") for each $1,000 principal amount of the 2026 Notes validly tendered, and not validly withdrawn, and accepted for purchase pursuant to the Tender Offer was determined in the manner described in the Offer to Purchase by reference to the fixed spread for the 2026 Notes specified below plus the yield based on the bid-side price of the U.S. Treasury Reference Security specified below as of 2:00 p.m., New York City time, today, the date on which the Tender Offer is currently scheduled to expire.



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J.B. Poindexter & Co., Inc. Commences Tender Offer for Any and All 7.125% Senior Notes Due 2026 - US730481AJ74 - USU7264XAA82

04 DECEMBER 2023


Full announcement including disclaimers and offer restrictions available via Prnewswire: Source: J.B. Poindexter & Co., Inc.


HOUSTON, Dec. 4, 2023 /PRNewswire/ -- J.B. Poindexter & Co., Inc. ("J.B. Poindexter") announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding 7.125% Senior Notes due 2026 ("Notes"). The Tender Offer is being made pursuant to the terms and subject to the conditions set forth in the Offer to Purchase, dated as of December 4, 2023 (the "Offer to Purchase") and the related notice of guaranteed delivery (together with the Offer to Purchase, the "Offer Documents").

The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on December 12, 2023, unless extended or earlier terminated as described in the Offer to Purchase (such time and date, as may be extended, the "Expiration Time"). Holders of the Notes (the "Holders") may withdraw their validly tendered Notes as described below. Holders are urged to read the Offer Documents carefully before making any decision with respect to the Tender Offer.


Certain information regarding the Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread is set forth in the table below.



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