Tyco International announced that, in connection with its planned spin-off of its wholly-owned subsidiary, The ADT Corporation, Tyco and its subsidiary, Tyco International Finance S.A. ("TIFSA"), have commenced tender offers to purchase for cash the respective debt securities issued by TIFSA or Tyco, as the case may be, listed in the table below, in an aggregate principal amount of up to $2,600,00...
Tyco International announced that, in connection with its planned spin-off of its wholly-owned subsidiary, The ADT Corporation, Tyco and its subsidiary, Tyco International Finance S.A. ("TIFSA"), have commenced tender offers to purchase for cash the respective debt securities issued by TIFSA or Tyco, as the case may be, listed in the table below, in an aggregate principal amount of up to $2,600,000,000.
The tender offers consist of two separate offers (each an "Offer", and collectively, the "Offers") on the terms set forth in an offer to purchase and related letter of transmittal, dated June 27, 2012, with (i) an Offer to purchase any and all outstanding 6.000 percent Notes due 2013 co-issued by TIFSA and Tyco, 4.125 percent Notes due 2014 issued by TIFSA, 8.500 percent Notes due 2019 issued by TIFSA and 7.000 percent Notes due 2019 co-issued by TIFSA and Tyco (the "Any and All Offer"), and (ii) a second Offer to purchase up to the Maximum Tender Amount (as defined below) of the 6.875 percent Notes due 2021 co-issued by TIFSA and Tyco, 3.750 percent Notes due 2018 issued by TIFSA, 4.625 percent Notes due 2023 issued by TIFSA and 3.375 percent Notes due 2015 issued by TIFSA (the "Maximum Tender Offer"). Tyco refers investors to the tender offer documents for the complete terms of the Offers. For more information on Tyco, click here