Archrock Announces Early Results and Initial Settlement Date for Tender Offer for Its 6.875% Senior Notes Due 2027
Archrock Announces Early Results and Initial Settlement Date for Tender Offer for Its 6.875% Senior Notes Due 2027
HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) ("Archrock") today announced that it had received tenders for an aggregate principal amount of approximately $312.3 million of its outstanding 6.875% Senior Unsecured Notes due 2027 (the "Notes") in its previously announced cash tender offer (the "offer") to purchase up to $200 million aggregate principal amount (the "Tender Cap") of the $500 million aggregate principal amount outstanding of the Notes, as of 5:00 p.m., New York City time, on August 23, 2024 (the "Early Tender Deadline"), as well as the initial settlement date for the offer on August 26, 2024 (the "Initial Settlement Date").
休斯頓,2024年8月26日(環球新聞社)-紐交所紐交所(Archrock,Inc.)(NYSE:AROC)(「Archrock」)今天宣佈,該公司已收到約3.123億美元的6.875%截至2027年到期的無擔保Senior Notes(「Notes」)的要約(「要約」)現金要約(「要約」)旨在購買5億美元總額的Notes,截至2024年8月23日,紐約市時間下午5:00(「早期要約截止日期」),以及2024年8月26日的要約初步結算日(「初始結算日期」)
The offer is being made pursuant to the terms and conditions contained in the Offer to Purchase dated August 12, 2024, copies of which may be obtained from D.F. King & Co., Inc., the tender agent and information agent for the offer, by calling (888) 628-9011 (toll free) or, for banks and brokers, (212) 269-5550 or by email at archrock@dfking.com.
該要約是根據2024年8月12日日期的購買要約中包含的條款和條件進行的,可以通過致電(888)628-9011(免費電話)或致電(212)269-5550(銀行和經紀人),或通過發送電子郵件至archrock@dfking.com從代理商D.F. King&Co.,Inc.(要約的招標代理和信息代理)那裏獲取副本。
The offer will expire at 5:00 p.m., New York City Time, on September 10, 2024, unless extended or earlier terminated (such time and date as the same may be extended, the "Expiration Time"). The withdrawal deadline for validly tendered Notes was 5:00 p.m., New York City time, on August 23, 2024.
該要約將於2024年9月10日紐約市時間下午5:00到期,除非延長或較早終止(如同一時間和日期可能被延長的那樣,「到期時間」)。有效投標Notes的撤回期限是2024年8月23日紐約市時間下午5:00。
Because the purchase of all validly tendered Notes would cause us to purchase a principal amount greater than the $200 million Tender Cap, the offer is oversubscribed and Archrock, if it accepts Notes in the offer, will accept for purchase tendered Notes on a prorated basis as described in the offer documents using a pro ration factor of approximately 64%. Payment for any Notes so accepted will be made promptly on the Initial Settlement Date, subject to the satisfaction or waiver of the conditions to the offer. Because the offer is oversubscribed as of the Early Tender Deadline, holders of Notes who validly tender Notes after the Early Tender Deadline will not have any of their Notes accepted for payment.
由於購買所有有效投標的Notes將導致我們購買的本金金額超過2億美元的要約上限,因此要約已超額認購,如果Archrock接受要約中的Notes,則將根據要約文件中的說明使用約64%的比例因子對投標的Notes進行按比例接受。任何接受的Notes的支付將在初始結算日期立即進行,視情況接受要約條件的滿足或放棄。由於在早期要約截止日期時要約已超額認購,有效投標Notes的持有人將不會有其任何Notes被接受支付。
Archrock has retained Wells Fargo Securities, LLC to serve as the Dealer Manager for the offer. Questions regarding the terms of the tender offer may be directed to Wells Fargo Securities, LLC, at (704) 410-4820 (collect) or (866) 309-6316 (U.S. toll-free).
Archrock已聘請Wells Fargo Securities, LLC擔任本次收購的經紀經理。 關於要約收購條款的問題,請致電Wells Fargo Securities, LLC,電話:(704) 410-4820(收費)或(866) 309-6316(美國免費電話)詢問。
About Archrock
關於archrock
Archrock is an energy infrastructure company with a primary focus on midstream natural gas compression and a commitment to helping its customers produce, compress and transport natural gas in a safe and environmentally responsible way. Headquartered in Houston, Texas, Archrock is a premier provider of natural gas compression services to customers in the energy industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment. For more information on how Archrock embodies its purpose, WE POWER A CLEANER AMERICA, please visit .
archrock是一家以中游-腦機天然氣壓縮爲主要關注的能源基礎設施公司,致力於幫助客戶以安全和環保的方式生產、壓縮和運輸天然氣。 總部位於得克薩斯州休斯頓,archrock是美國各地能源行業客戶的天然氣壓縮服務的首選提供商,並且是爲擁有壓縮設備的客戶提供售後服務的領先供應商。 有關archrock如何實現其宗旨「我們爲一個更清潔的美國提供動力」,請訪問。
About Archrock Partners
關於archrock合作伙伴
Archrock Partners is a leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the United States. Archrock owns all of the limited and general partnership interests in Archrock Partners.
Archrock Partners是美國石油和天然氣行業中向客戶提供天然氣壓縮服務的領先供應商。Archrock擁有Archrock Partners的有限合夥權益和普通合夥權益。
Forward-Looking Statements
前瞻性聲明
All statements in this release (and oral statements made regarding the subjects of this release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside Archrock or Archrock Partners' control. Forward-looking information includes, but is not limited to, statements regarding the intended use of net proceeds from the proposed offering.
本公告中的所有陳述(以及關於本公告主題的口頭陳述)除歷史事實外,均屬於根據1934年修正的《證券交易法》第21E條規定的前瞻性陳述。這些前瞻性陳述依賴於許多關於未來事件的假設,並且受到許多可能導致實際結果與此類陳述實質性不符的不確定性和因素的影響,其中許多是Archrock或Archrock Partners無法控制的。前瞻性信息包括但不限於關於擬議募集淨收益用途的陳述。
While Archrock and Archrock Partners believe that the assumptions concerning future events are reasonable, they caution that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. Among the factors that could cause results to differ materially from those indicated by such forward-looking statements are: local, regional and national economic conditions and the impact they may have on Archrock Partners' and its customers; conditions in the oil and gas industry, including the level of production of, demand for or price of oil or natural gas; changes in safety, health, environmental and other regulations; the financial condition of Archrock Partners' customers; the failure of any customer to perform its contractual obligations; and the performance of Archrock.
儘管Archrock和Archrock Partners認爲對未來事件的假設是合理的,但他們提醒說,預測可能會影響其業務的未來表現或結果的某些重要因素存在困難。可能導致實際結果與此類前瞻性陳述所示結果不符的因素包括:本地、區域和國家經濟狀況及其對Archrock Partners及其客戶的影響;石油和天然氣行業的情況,包括石油或天然氣的生產水平、需求或價格;安全、健康、環境和其他法規的變化;Archrock Partners客戶的財務狀況;任何客戶未履行其合同義務的情況;以及Archrock的表現。
These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Archrock's Annual Report on Form 10-K for the year ended December 31, 2023, as amended by Amendment No. 1 on Form 10-K/A, Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, and those reports set forth from time to time in Archrock's filings with the Securities and Exchange Commission, which are available at . Except as required by law, Archrock and Archrock Partners expressly disclaim any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.
這些前瞻性聲明也受Archrock年度報告10-k(連同修訂版10-K/A)、2024年3月31日季度報告10-Q、2024年6月30日季度報告10-Q以及Archrock隨時向美國證券交易委員會提供的文件中所述的風險因素、前瞻性聲明、挑戰和不確定性的影響, 可通過鏈接進行查看。在法律要求的範圍內, Archrock和Archrock Partners明確聲明無意或有義務修訂或更新任何前瞻性聲明,無論是因爲新信息、未來事件或其他原因。
SOURCE: Archrock, Inc.
來源: Archrock, Inc.
For information, contact:
聯繫信息:
Archrock, Inc. |
INVESTORS Megan Repine VP of Investor Relations 281-836-8360 investor.relations@archrock.com |
MEDIA Andrew Siegel / Jed Repko Joele Frank 212-355-4449 |
Archrock, Inc. |
投資者 Megan Repine 投資者關係副總裁 281-836-8360 investor.relations@archrock.com |
媒體 Andrew Siegel / Jed Repko Joele Frank 212-355-4449 |
譯文內容由第三人軟體翻譯。