EQT (EQT) reported Tuesday the early results and upsizing of a tender offer by its EQM Midstream Partners subsidiary to buy for cash EQM's 6.5% senior notes due 2048, 5.5% senior notes due 2028, 4.5% senior notes due 2029, and 7.5% senior notes due 2030.
EQM has amended the tender offer to increase the purchase price to $1.3 billion from $1.275 billion, EQT said.
The percentage of notes tendered at the early tender date of Dec. 9 was 85.4% for the 6.5% notes, 86% for the 5.5% notes, 94.5% for the 4.5% notes, and 76.1% for the 7.5% notes, the company said.
The tender offer is slated to expire on Dec. 30, but because the purchase price for notes tendered on or before the early tender date is more than the maximum purchase price, EQM doesn't expect to accept any tenders of notes after the early tender date, the company said.
Price: 43.24, Change: -0.03, Percent Change: -0.07
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。