Summary by Futu AI
StoneCo Ltd., a leading financial technology firm, announced the results of its Early Tender Deadline on July 16, 2024. The company, listed on Nasdaq and B3 under the ticker STNE, reported that 58.91% of the aggregate principal amount of its 3.950% Senior Notes due 2028 had been tendered by the deadline. The Tender Offer and Consent Solicitation, which began on July 1, 2024, will conclude on July 30, 2024, at 5:00 p.m. New York City time. Holders who tendered their notes by the Early Tender Deadline are eligible to receive the Total Consideration, which includes the Early Tender Consideration. Those who tender after this deadline but before the Expiration Time will only receive the Tender Offer Consideration, excluding the Early Tender Consideration. Additionally, all accepted tenders will accrue interest until...Show More