This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

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

Stocks in this article: BMC

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.

1 of 5

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs