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Cosan Limited Announces The Adjusted Price Range Of Its Tender Offer To Repurchase Up To U.S.$357,500,000 Of Its Class A Common Shares At A Price Not Greater Than U.S.$15.50 Nor Less Than ...

COSAN (CZZ) 
US:NYSE Investor Relations: ir.cosan.com.br
Company Research Source: PR Newswire
SAO PAULO, Sept. 12, 2019 /PRNewswire/ -- Cosan Limited (NYSE: CZZ) announced today the adjusted price range of its tender offer to purchase up to U.S.$357,500,000 of its Class A common shares, or the shares. Following the adjustment, the purchase price in the tender offer shall not be greater than U.S.$15.50 nor less than U.S.$13.05 per share, with the exact price to be determined through a "modified Dutch auction" pricing mechanism. The aggregate tender offer amount of up to U.S.$357,500,000 remains the same. The full terms and conditions of the tender offer are discussed in the Offer to Purchase, dated August 28, 2019 ("Offer to Purchase"), and the associated Letter of Transmittal and other materials relating to the tender offer that Cosan Limited filed on August 28, 2019 (each as amended on September 12, 2019) with the Securities and Exchange Commission (the "SEC").When the tender offer expires, Cosan will determine the lowest price per share within the range of prices specified a Show less Read more
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