BMC Software Announces Receipt Of Requisite Consents With Respect To The Cash Tender Offers And Consent Solicitations For Its 4.25% Notes Due 2022 And 4.50% Notes Due 2022
BMC Software, Inc. (NASDAQ: BMC) (the “Company”) announced today that it has received the requisite consents (the “Consents”) with respect to its previously announced solicitations (the “Solicitations”) of Consents relating to certain proposed amendments (the “Proposed Amendments”) to each of (i) the Supplemental Indenture, dated as of February 13, 2012 by and between the Company and Wells Fargo Bank, N.A., as trustee (the “Trustee”) pursuant to which its 4.25% Notes due 2022 (the “4.25% Notes”) were issued (as amended and supplemented, the “First Supplemental Indenture”) to the Base Indenture, dated as of February 13, 2012 by and between the Company and the Trustee (the “Base Indenture” and, together with the First Supplemental Indenture, the “4.25% Indenture”) and (ii) the Second Supplemental Indenture, dated as of November 16, 2012 by and between the Company and the Trustee pursuant to which its 4.50% Notes due 2022 (the “4.50% Notes”) were issued (the “Second Supplemental Indenture”) to the Base Indenture (the Base Indenture together with the Second Supplemental Indenture, the “4.50% Indenture” and, together with the 4.25% Indenture, the “Indentures”) upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement (the “Statement”) and the accompanying Letter of Transmittal and Consent (the “Letter of Transmittal”), each dated as of July 18, 2013.
In conjunction with the Solicitations, the Company commenced Tender Offers to purchase for cash any and all of its 4.25% Notes and 4.50% Notes (the 4.25% Notes and the 4.50% Notes together, the “Notes”) upon the terms and subject to the conditions set forth in the Statement and the accompanying Letter of Transmittal (the “Tender Offers”). As of the Consent Time (as defined below), $448,496,000 aggregate principal amount of 4.25% Notes, representing 89.70% of the 4.25% Notes, were tendered and $257,160,000 aggregate principal amount of 4.50% Notes, representing 85.72% of the 4.50% Notes, were tendered.
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