The Offers are scheduled to expire at 11:59 p.m., New York City time, on April 16, 2013, unless extended (such time and date, as the same may be extended, the "Expiration Date").
As previously announced, holders who validly tendered (and did not validly withdraw) 2018 Notes at or prior to the Early Tender Deadline, will receive the "2018 Notes Total Consideration," which for each $1,000 principal amount of 2018 Notes is equal to $1,127.50, including an "Early Tender Premium" of $30.00 per $1,000 principal amount of 2018 Notes. Holders who validly tender 2018 Notes after the Early Tender Deadline but before the Expiration Date will not be eligible to receive the Early Tender Premium, and instead will be entitled to receive only the "2018 Notes Offer Consideration" which is equal to the 2018 Notes Total Consideration minus the Early Tender Premium.
As more fully described in the Offer to Purchase, the consideration payable for each $1,000 principal amount of 2020 Notes will be determined based on a modified "Dutch Auction" procedure subject to a limit on the aggregate purchase price to be paid for the 2020 Notes to be repurchased by the Issuers (the "Modified Dutch Auction Cap") equal to $450 million minus the aggregate purchase price paid for all 2018 Notes accepted for purchase. Holders who validly tendered (and did not validly withdraw) 2020 Notes at or prior to the Early Tender Deadline, and whose Notes are accepted for purchase by the Issuers, will receive the applicable "2020 Notes Total Consideration," including an Early Tender Premium of $30.00 per $1,000 principal amount of 2020 Notes. Holders who validly tender 2020 Notes after the Early Tender Deadline but before the Expiration Date will not be eligible to receive the Early Tender Premium, and will be entitled to receive only the "2020 Notes Offer Consideration" which is equal to the 2020 Notes Total Consideration minus the Early Tender Premium.
The deadline to validly withdraw tenders of Notes was on April 2, 2013; therefore Notes that have been tendered and not validly withdrawn, and Notes tendered after that date, may not be withdrawn unless otherwise required by applicable law.
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