CyrusOne Inc. Announces Early Settlement of Tender Offers and Consent Solicitations for Outstanding 5.000% Senior Notes due 2024 and 5.375% Senior Notes due 2027
CyrusOne Inc (CONE)
Last cyrusone inc earnings: 4/29 05:12 pm
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US:NASDAQ Investor Relations:
investor.cyrusone.com/investor-relations
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--CyrusOne Inc. (NASDAQ: CONE) (the “Company”) today announced the early settlement by CyrusOne LP and CyrusOne Finance Corp. (the “Issuers”) of their previously announced tender offers (each, a “Tender Offer”) to purchase for cash any and all of their outstanding 5.000% Senior Notes due 2024 (the “2024 Notes”) and 5.375% Senior Notes due 2027 (the “2027 Notes” and, together with the 2024 Notes, the “Notes”).In conjunction with the Tender Offers, the Issuers have also solicited consents (the “Consent Solicitations”, and together with the Tender Offers, the “Offers”) to amend the applicable indenture governing each series of Notes (each, an “Indenture”) to reduce the notice requirements for optional redemption from 30 days to 3 business days, to eliminate substantially all of the restrictive covenants and certain events of default and to eliminate or modify certain other provisions contained in each Indenture (collectively, the “Proposed Amendments”).As of 5:
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