The tender offer, managed by Citigroup Global Markets and Goldman Sachs & Co., applies to both 144A and Reg S notes. Investors who choose to participate will receive the total consideration based on a calculated factor of 0.96273804, alongside accrued and unpaid interest up to the anticipated settlement date of September 28, 2026. The company’s obligation to finalize the purchase remains contingent upon specific financing and general conditions outlined in the official offer to purchase documents.
Newcastle Coal Infrastructure Group Sets Terms for 2027 Note Buyback
Newcastle Coal Infrastructure Group has finalized the pricing for its cash tender offer to repurchase all outstanding 4.400% guaranteed senior secured notes due in 2027. The company is offering a tender consideration of US$993.11 per US$1,000 in principal, with the offer window closing on September 23, 2026.
Global Bondholder Services Corporation is acting as the tender and information agent for the process. While the company has provided the pricing structure, it has issued no formal recommendation to holders regarding whether they should tender their securities. Investors are encouraged to review the offer materials and consult with their own financial or legal advisors before the expiration deadline. The Newcastle-based operator, which manages critical coal export infrastructure in the Hunter Valley, is backed by a consortium of major mining firms including BHP Group and Yancoal Australia.
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