PLD International Finance LLC Announces Fixed Price Cash Tender Offer to Holders of Any and All of Its Outstanding 4.375 Percent Notes Due in April 2011 and Guaranteed by ProLogis (the ‘Notes’)
Prne
November 2nd, 2009
LUXEMBOURG -
- ISIN: XS0188947690
- Common Code: 018894769
PLD International Finance LLC (the “Issuer”), a wholly owned indirect subsidiary of ProLogis (NYSE: PLD), today announced the commencement of a cash tender offer for any and all of the Notes. There is currently euro 252,350,000 aggregate principal amount of the Notes outstanding. The Offer is made to holders of the Notes on the terms of and subject to the conditions set forth in the Offer to Purchase dated 3 November 2009.
The amount payable for each euro 50,000 in principal amount of Notes validly tendered and accepted by the Issuer will be euro 50,500, plus accrued and unpaid interest on the Notes from the last interest payment date to but excluding the date of payment of the purchase price on those Notes that are accepted for purchase by the Issuer pursuant to the Offer. The Settlement Date is expected to be 16 November 2009 (subject to the right of the Issuer to extend, re-open, amend and/or terminate the Offer).
The Offer will expire at 5.00 p.m. (CET) on 12 November 2009, unless extended or earlier terminated as provided in the Offer to Purchase (such date, as extended or earlier terminated, the “Expiration Date”). Holders of the Notes who wish to participate in the Offer must validly tender, and not validly withdraw, their Notes on or prior to the Expiration Date. Tenders of the Notes may be withdrawn at any time prior to 5.00 p.m. (CET) on the Expiration Date, but not thereafter.
Subject to applicable law and as provided in the Offer to Purchase, the Issuer may, in its sole discretion, extend, re-open, amend, waive any condition of or terminate the Offer at any time. The Issuer’s obligation to accept for purchase and to pay for Notes validly tendered and not validly withdrawn pursuant to the Offer is conditional upon satisfaction of certain conditions described in the Offer to Purchase (which the Issuer may, in its sole discretion, waive at any time).
The Issuer has engaged Deutsche Bank AG, London Branch to act as the sole Dealer Manager for the Offer, and Lucid Issuer Services Limited as Tender Agent. Holders of the Notes should address questions and requests for assistance in connection with the Offer to Deutsche Bank AG, London Branch, attn: Liability Management Group, tel: +44(0)20-7545-8011, e-mail: liability.management@db.com. Holders of the Notes should address questions and requests for assistance in connection with the delivery of valid electronic tender and blocking instructions to Lucid Issuer Services Limited, attn: Sunjeeve Patel/Yves Theis, tel: +44(0)20-7704-0880, fax: +44(0)20-7067-9098, e-mail: prologis@lucid-is.com.
This press release is for informational purposes only and neither this press release nor the Offer to Purchase constitutes an offer to buy or a solicitation of an offer to sell any Notes. The solicitation to sell or buy the Notes is only being made to holders of the Notes pursuant to the restrictions contained in, and the terms and conditions of, the Offer to Purchase. The Offer is not being made in any jurisdiction in which such offer or solicitation is unlawful. The Offer, the distribution of the Offer to Purchase and any other materials in relation to the Offer (including this press release) in certain jurisdictions may be restricted by law and are subject to the “Offer and Distribution Restrictions” of the Offer to Purchase. None of the Issuer, the Guarantor, the Dealer Manager or the Tender Agent makes any recommendation as to whether holders of Notes should tender Notes for purchase by the Issuer.
About PLD International Finance LLC and ProLogis
PLD International Finance LLC is a wholly owned, indirect subsidiary of ProLogis and its activities include the incorporation of, the participation in and the financing of companies and the lending of funds to group companies and borrowing funds from third parties and from ProLogis.
ProLogis is a U.S. real estate investment trust organised under the laws of the State of Maryland and is a leading global provider of industrial distribution facilities, with operations in 18 countries across North America, Europe and Asia. At September 30, 2009, ProLogis had more than 475 million square feet of industrial space (44 million square meters) serving more than 4,500 customers, including manufacturers, retailers, transportation companies, third-party logistics providers and other enterprises with large-scale distribution needs. For additional information about the company, go to www.prologis.com.
Source: ProLogis
Krista Shepard of ProLogis, +1-303-567-5907, Kshepard at prologis.com
Filed under Banking and Financial Services, Offerings, Real Estate | Tags: Luxembourg, ProLogis, Western Europe | Comment Below
Related Press Releases Hutchison Whampoa International Limited Announces Expiration and Final Results of the Offer to ExchangeOctober 25th, 2009 NEW YORK -
5.45% Guaranteed Notes due 2010 issued by Hutchison Whampoa International (03/33) Limited (the "2010 Notes") (144A - CUSIP 44841SAA7; ISIN US44841SAA78; Common Code 018123967) (Regulation S - CUSIP G4672CAA3; ISIN USG4672CAA39; Common Code 018124238) and 7.00% Guaranteed Notes due 2011 issued by Hutchison Whampoa International (01/11) Limited (the "2011 Notes") (144A - CUSIP 44841HAC7; ISIN US44841HAC79; Common Code 012487975) (Regulation S - CUSIP G4671XAC4; ISIN USG4671XAC41; Common Code 012488068) (Restricted Individual Note - CUSIP 44841HAE3; ISIN US44841HAE36; Common Code 012515472), for its 4.625% Guaranteed Notes due 2015, each series of notes unconditionally and irrevocably guaranteed by Hutchison Whampoa Limited. Hutchison Whampoa International (03/33) Limited ("HWI (03/33)"), an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the "Company"), and Hutchison Whampoa International (01/11) Limited ("HWI (01/11)"), a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of the Company, hereby announce the expiration and final results of a previously announced offer by Hutchison Whampoa International (09/16) Limited, an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of the Company (the "Issuer") to holders of the notes listed in the table below (collectively, the "Existing Notes," and each a "Series" of Existing Notes) to exchange the Existing Notes into the Issuer's 4.625% Guaranteed Notes due 2015 (the "New Notes") upon the terms and conditions described in the Offering Memorandum dated September 24, 2009 (the "Offering Memorandum") and the accompanying Letter of Transmittal dated September 24, 2009. Subsidiaries of Hutchison Whampoa Limited Announce a Status Update of the Offer to Exchange Any and All of the 5.45% Guaranteed Notes Due 2010 and the 7.00% Guaranteed Notes Due 2011 for the 4.625% Guaranteed Notes Due 2015October 11th, 2009 NEW YORK -
Hutchison Whampoa International (03/33) Limited ("HWI (03/33)"), an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the "Company"), and Hutchison Whampoa International (01/11) Limited ("HWI (01/11)"), a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of the Company, and Hutchison Whampoa International (09/16) Limited (the "Issuer"), an exempted company with limited liability under the laws of the Cayman Islands and a wholly owned subsidiary of the Company, hereby announce that, in connection with the previously announced exchange offer (the "Exchange Offer") of the notes listed below for the Issuer's 4.625% Guaranteed Notes due 2015 (the "New Notes"), the following principal amounts of the notes have been tendered as of 5:00 p.m. New York City time, on October 8, 2009:
Principal Principal Title of Amount Maturity Amount Security Issuer Outstanding(1) Date Tendered --------- ------ --------------- -------- --------- 5.45% Hutchison US$1,500,000,000 November US$120,478,000 Guaranteed Whampoa 24, 2010 Notes due International 2010 (03/33) Limited (144A - CUSIP 44841SAA7; Regulation S - CUSIP G4672CAA3) 7.00% Hutchison US$1,500,000,000 February US$64,832,000 Guaranteed Whampoa 16, 2011 Notes due International 2011 (01/11) Limited (144A - CUSIP 44841HAC7; Regulation S - CUSIP G4671XAC4; Restricted Individual Note - CUSIP 44841HAE3) (1) The Company and its affiliates hold in the aggregate US$310,523,000 principal amount of the 2010 Notes, and US$264,410,000 principal amount of the 2011 Notes. Hutchison Offers to Exchange 5.45% Notes Due 2010 and 7% Notes Due 2011 for 4.625% Notes Due 2015September 23rd, 2009 HONG KONG -
Hutchison Whampoa International (09/16) Limited Offer to Exchange 5.45% Guaranteed Notes due 2010 issued by Hutchison Whampoa International (03/33) Limited (the "2010 Notes") (144A - CUSIP 44841SAA7; ISIN US44841SAA78; Common Code 018123967) (Regulation S - CUSIP G4672CAA3; ISIN USG4672CAA39; Common Code 018124238) and 7.00% Guaranteed Notes due 2011 issued by Hutchison Whampoa International (01/11) Limited (the "2011 Notes") (144A - CUSIP 44841HAC7; ISIN US44841HAC79; Common Code 012487975) (Regulation S - CUSIP G4671XAC4; ISIN USG4671XAC41; Common Code 012488068) (Restricted Individual Note - CUSIP 44841HAE3; ISIN US44841HAE36; Common Code 012515472), for its 4.625% Guaranteed Notes due 2015, each series of notes unconditionally and irrevocably guaranteed by Hutchison Whampoa Limited
Hutchison Whampoa International (03/33) Limited ("HWI (03/33)"), an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the "Company"), and Hutchison Whampoa International (01/11) Limited ("HWI (01/11)"), a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of the Company, hereby announce the commencement of an offer by Hutchison Whampoa International (09/16) Limited, an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of the Company (the "Issuer") to holders of the notes listed in the table below (collectively, the "Existing Notes," and each a "Series" of Existing Notes) to exchange the Existing Notes into the Issuer's 4.625% Guaranteed Notes due 2015 (the "New Notes") upon the terms and conditions described in the Offering Memorandum dated September 24, 2009 (the "Offering Memorandum") and the accompanying Letter of Transmittal dated September 24, 2009, which are available from D.F. King & Co., Inc., the exchange agent and information agent for the exchange offer. ProLogis Closes Two Financings for ProLogis European Properties Fund IISeptember 21st, 2009 DENVER -
- Proceeds Used to Pay Down Warehouse Line -
ProLogis (NYSE: PLD), a leading global provider of distribution facilities, announced today it has completed two financings, for a total of approximately euro 133 million, on behalf of ProLogis European Properties Fund II (PEPF II). Proceeds from the financings were used to pay down PEPF II's warehouse line of credit. Subsidiaries of Hutchison Whampoa Limited Announce the Total Consideration Calculated on the Price Determination DateJune 4th, 2009 NEW YORK - Subsidiaries of Hutchison Whampoa Limited Announce the Total Consideration Calculated on the Price Determination Date of Their Cash Tender Offer for Up to US$1,500 Million Aggregate Principal Amount of Notes Issued by Subsidiaries of Hutchison Whampoa Limited Referred to Below
Acelist Limited, Daystep Limited, Ideal Zone Limited and Plan Bright Limited (collectively, the "Offerors," and individually, an "Offeror"), each a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the "Company"), announce, in connection with the previously announced tender offer (the "Tender Offer") for up to US$1,500 million aggregate principal amount of the notes set forth in the table below issued by Hutchison Whampoa Finance (CI) Limited, Hutchison Whampoa International (03/33) Limited and Hutchison Whampoa International (03/13) Limited, each an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of the Company, the Total Consideration and the Tender Offer Consideration for each series of notes calculated by Morgan Stanley as dealer manager at 2:00 p.m., New York City time, on June 4, 2009, in accordance with the offer to purchase dated May 7, 2009 (the "Offer to Purchase"):
(All amounts in U.S. dollars unless otherwise noted.) Reference U.S. Subsidiaries of Hutchison Whampoa Limited Announce a Status Update of Their Cash Tender OffersJune 3rd, 2009 NEW YORK - Subsidiaries of Hutchison Whampoa Limited Announce a Status Update of Their Cash Tender Offers for up to US$750 Million Aggregate Principal Amount of 5.45% Guaranteed Notes Due 2010 and up to US$750 Million Aggregate Principal Amount of 7.00% Guaranteed Notes Due 2011 Issued by the Subsidiaries of Hutchison Whampoa Limited Referred to Below
Acelist Limited and Daystep Limited (collectively, the "Offerors," and individually, an "Offeror"), each a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the "Company"), announce that, in connection with the previously announced tender offers (the "Tender Offers") for the notes listed below, the following principal amounts of notes have been tendered as of 5:00 p.m., New York City time, on June 2, 2009:
Title of Maximum Tender Principal Amount Offeror Security Issuer Offer Amount Tendered ------- -------- ------ -------------- -------------- Acelist 5.45% Hutchison US$750,000,000 US$155,157,000 Limited Guaranteed Whampoa Notes due International 2010 (144A (03/33) - CUSIP Limited 44841SAA7; Regulation S - CUSIP G4672CAA3) Daystep 7.00% Hutchison US$750,000,000 US$182,616,000 Limited Guaranteed Whampoa Notes due International 2011 (144A (01/11) - CUSIP Limited 44841HAC7; Regulation S - CUSIP G4671XAC4; Restricted Individual Note - CUSIP 44841HAE3)
The full terms and conditions of the Tender Offers are set forth in the Offer to Purchase dated May 15, 2009 (the "Offer to Purchase"). The expiration date of the Tender Offers will be 12:00 midnight, New York City time, on June 16, 2009. Subsidiaries of Hutchison Whampoa Limited Announce a Status Update of Their Cash Tender Offer for up to US$1,500 Million Aggregate Principal Amount of Notes Issued by Subsidiaries of Hutchison Whampoa Limited Referred to BelowMay 21st, 2009 NEW YORK - Acelist Limited, Daystep Limited, Ideal Zone Limited and Plan Bright Limited (collectively, the "Offerors," and individually, an "Offeror"), each a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the "Company") announce that, in connection with the previously announced tender offer ("Tender Offer") for up to US$1,500 million aggregate principal amount (the "Maximum Tender Offer Amount") of notes set forth in the table below issued by Hutchison Whampoa Finance (CI) Limited, Hutchison Whampoa International (03/33) Limited and Hutchison Whampoa International (03/13) Limited, each an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of the Company, the following amounts of notes have been tendered as of 5:00 p.m., New York City time, May 21, 2009:
Acceptance Principal Title of Priority Amount Offeror Security Issuer Level Tendered ------- ------------------- ----------- --- -------- Acelist 7.50% Guaranteed Hutchison 1 US$ Limited Notes due 2027 Whampoa 171,143,000 (the "2027 Notes") Finance (CI) (144A - CUSIP Limited 448414AE2; Regulation S - CUSIP G46715AC5) Daystep 7.45% Guaranteed Hutchison 2 US$ Limited Notes due 2033 Whampoa 354,232,000 (the "2033 Notes") International (144A - CUSIP (03/33) Limited 44841SAC3; Regulation S - CUSIP G4672CAC9) Ideal 6.25% Guaranteed Hutchison 3 US$ Zone Notes due 2014 Whampoa 641,406,000 Limited (the "2014 Notes") International (144A - CUSIP (03/33) Limited 44841SAB5; Regulation S - CUSIP G4672CAB1) Plan 6.50% Guaranteed Hutchison 4 US$ Bright Notes due 2013 Whampoa 602,740,000 Limited (the "2013 Notes") International (144A - CUSIP (03/13) Limited 44841RAA9; Regulation S - CUSIP G4672QAA2)
The full terms and conditions of the Tender Offer are set forth in the Offer to Purchase dated May 7, 2009 (the "Offer to Purchase"). The expiration date of the Tender Offer is currently 12:00 midnight, New York City time, on June 8, 2009. Hutchison Whampoa Limited Offer to Purchase for Cash By Acelist Limited of Up to US$750,000,000 Aggregate Principal Amount of 5.45% Guaranteed Notes due 2010 issued by Hutchison Whampoa InternationalMay 14th, 2009 NEW YORK - Hutchison Whampoa Limited Offer to Purchase for Cash By Daystep Limited of Up to US$750,000,000 Aggregate Principal Amount of 7.00% Guaranteed Notes due 2011 issued by Hutchison Whampoa International (01/11) Limited
Hutchison Whampoa International (03/33) Limited ("HWI (03/33)"), an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited (the "Company"), and Hutchison Whampoa International (01/11) Limited ("HWI (01/11)," and together with HWI (03/33), the "Issuers"), a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly- owned subsidiary of the Company, hereby announce the commencement of two cash tender offers by Acelist Limited and Daystep Limited, each a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of the Company (collectively, the "Offerors," and individually, an "Offeror"), for the notes listed in the table below (collectively, the "Notes," and each a "Series" of Notes) from each registered holder of Notes. Each Series of Notes is unconditionally and irrevocably guaranteed by the Company. Offer to Purchase for Cash Up to US$1,500,000,000 Aggregate Principal Amount of Notes Listed BelowMay 6th, 2009 NEW YORK - 7.50% Guaranteed Notes due 2027 issued by Hutchison Whampoa Finance (CI) Limited (144A - CUSIP 448414AE2; ISIN US448414AE21; Common Code 008244901) (Regulation S - CUSIP G46715AC5; ISIN USG46715AC56; Common Code 007893221),
- 7.45% Guaranteed Notes due 2033 issued by Hutchison Whampoa International (03/33) Limited (144A - CUSIP 44841SAC3; ISIN US44841SAC35; Common Code 018124572) (Regulation S - CUSIP G4672CAC9; ISIN USG4672CAC94; Common Code 018124629),
- 6.25% Guaranteed Notes due 2014 issued by Hutchison Whampoa International (03/33) Limited (144A - CUSIP 44841SAB5; ISIN US44841SAB51; Common Code 018124530) (Regulation S - CUSIP G4672CAB1; ISIN USG4672CAB12; Common Code 018124548), and
- 6.50% Guaranteed Notes due 2013 issued by Hutchison Whampoa International (03/13) Limited (144A - CUSIP 44841RAA9; ISIN US44841RAA95; Common Code 016319384) (Regulation S - CUSIP G4672QAA2; ISIN USG4672QAA25; Common Code 016317632),
- each series of Notes being unconditionally and irrevocably guaranteed by Hutchison Whampoa Limited
Hutchison Whampoa Finance (CI) Limited, Hutchison Whampoa International (03/33) Limited and Hutchison Whampoa International (03/13) Limited (collectively, the "Issuers" and individually, an "Issuer"), each an exempted company with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Hutchison Whampoa Limited, a company with limited liability incorporated under the laws of Hong Kong whose shares are listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Company"), hereby announce the completion of the previously announced cash tender offer by each of Acelist Limited, Daystep Limited, Ideal Zone Limited and Plan Bright Limited, each a BVI business company with limited liability under the laws of the British Virgin Islands and a wholly-owned subsidiary of the Company (collectively, the "Offerors," and individually, an "Offeror") for up to US$1,500,000,000 aggregate principal amount of the notes listed in the table below (collectively, the "Notes," and each a "Series" of Notes) from each registered holder of Notes. The tender offer commenced on May 7, 2009, and expired at 12:00 midnight, New York City time, on June 8, 2009 (the "Expiration Date"), under the terms of the Offer to Purchase and the related Letter of Transmittal, each dated May 7, 2009. PLD International Finance LLC Announces Cash Tender Offer to Holders of Its Existing EUR350,000,000 4.375 per cent Notes Due in April 2011 and Guaranteed by ProLogis (the 'Notes')March 29th, 2009 LUXEMBOURG - IMPORTANT NOTICE NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT
IN THE UNITED STATES OF AMERICA OR THE REPUBLIC OF ITALY
- ISIN: XS0188947690
- Common Code: 018894769
PLD International Finance LLC (the "Issuer"), a wholly owned, indirect
subsidiary of ProLogis (the "Guarantor") (NYSE: PLD), today announced the
commencement of a cash tender offer to holders of the Notes for up to
EUR175,000,000 in aggregate principal amount of its outstanding Notes (the
"Offer"). There is currently EUR350,000,000 aggregate principal amount of the
Notes outstanding.
Related News Moody's assigns investment grade rating to International Paper's new senior notes offeringAugust 3rd, 2009 International Paper's note offering gets ratingNEW YORK — Moody's Investors Service on Monday assigned an investment grade rating to International Paper Co.'s new senior notes offering. The ratings agency gave the Memphis, Tenn.-based company a "Baa3" rating on its offering and rated its outlook negative. International Paper says almost 57 percent of 2014 notes holders accept tender offerAugust 12th, 2009 International Paper buys back $567.5M in notesMEMPHIS, Tenn. — International Paper Co. Alliant Energy announces tender offer results, will pay $40 per senior noteSeptember 30th, 2009 Alliant Energy announces tender offer resultsMADISON, Wis. — Alliant Energy Corp. Mediacom Communications accepts all 2011 and 2013 notes tendered so far in offersAugust 25th, 2009 Mediacom accepts notes tendered on pair of offersMIDDLETOWN, N.Y. — Cable television company Mediacom Communications Corp. Maker of boats and pool tables floats offer to buy back up to $75 in senior secured notesSeptember 3rd, 2009 Brunswick Corp. seek to buy back $75M in debtLAKE FOREST, Ill. UDR extends early deadline of previously announced debt offeringAugust 18th, 2009 UDR extends debt offering deadlineDENVER — UDR Inc., a real estate investment trust, said Tuesday that it extended the early cash tender deadline on previously announced notes. The early deadline for the 8½ percent notes due Sept. Brandywine Realty announces purchase of $100 million of notesSeptember 3rd, 2009 Brandywine Realty announces purchase of notesRADNOR, Pa. — Brandywine Realty Trust, a real estate investment trust, said Thursday it completed the purchase of $100 million of its 5.75 percent notes. Pinnacle Entertainment plans tender offer for $135M senior subordinated notes due 2013July 27th, 2009 Pinnacle plans tender offer for notes due 2013LAS VEGAS — Pinnacle Entertainment Inc. said Monday that it plans a cash tender offer for $135 million of its outstanding senior subordinated notes due 2013. KB Home starts public offering of senior notes; will put proceeds toward tender offerJuly 23rd, 2009 KB Home starts public offering of senior notesLOS ANGELES — Homebuilder KB Home said Thursday that it started a public offering of senior notes. No further details were provided on the offering. RR Donnelley launches cash-for-debt offer, plans to sell $350 million in new notesAugust 19th, 2009 RR Donnelley launches cash tender offer, new debtCHICAGO — R.R. Donnelley & Sons Co.
|
|
