Home / Knowledge / News / Textiles / Nova Chemicals completes tender offer
Nova Chemicals completes tender offer
Aug '13
NOVA Chemicals Corporation announced that it has completed its tender offer (the “Tender Offer”) for any and all of its $350 million 8.375% senior notes due 2016.

A total of $278,698,000 of the outstanding principal amount of the Notes was validly tendered in the Tender Offer which expired at 11:59 P.M., New York City Time, on August 12, 2013 (the “Expiration Date”).

This amount represents the $278,698,000 of Notes which were previously tendered by 5:00 P.M., New York City Time, on July 29, 2013 (the “Consent Payment Deadline”) and which were accepted and paid for by the Company. No additional Notes were tendered after the Consent Payment Deadline but prior to the Expiration Date.

Additionally, pursuant to a notice issued at the direction of the Company on August 7, 2013 by U.S. Bank National Association, the trustee for the Notes, the Company redeemed all Notes that remained outstanding as of the Expiration Date.

Barclays Capital Inc. acted as the dealer manager and solicitation agent for the Tender Offer.  D.F. King & Co., Inc. served as tender agent and information agent.

About NOVA Chemicals

NOVA Chemicals develops and manufactures chemicals, plastic resins and end-products that make everyday life safer, healthier and easier. Our employees work to ensure health, safety, security and environmental stewardship through our commitment to sustainability and Responsible Care.

Nova Chemicals

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search