BMC Software Extends Cash Tender Offers For Its 4.25% Notes Due 2022 And 4.50% Notes Due 2022
BMC Software, Inc. (NASDAQ: BMC) (the “Company” or “BMC Software”) announced today that it has extended the expiration date for its previously announced tender offers (the “Tender Offers”) to purchase for cash any and all of its issued and outstanding 4.25% Notes due 2022 (the “4.25% Notes”) and 4.50% Notes due 2022 (the “4.50% Notes” and, together with the 4.25% Notes, the “Notes”) 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. The Tender Offers are being made in connection with the Agreement and Plan of Merger, dated as of May 6, 2013, by and among the Company, Boxer Parent Company Inc., a Delaware corporation (“Parent”) and Boxer Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), as amended from time to time, pursuant to which Merger Sub will be merged with and into the Company with the Company continuing as the surviving corporation (such transaction, the “Acquisition”).
The Tender Offers, previously scheduled to expire at 5:00 p.m. New York City time on August 15, 2013, will now expire at 5:00 p.m. New York City time on September 5, 2013 (such time and date, as may be extended, the “Expiration Date”). The Tender Offers remain subject to all previously announced terms and conditions.
As of 5:00 p.m., New York City time, on August 15, 2013, $452,780,000 aggregate principal amount of 4.25% Notes, representing 90.56% of the 4.25% Notes, were tendered and $267,340,000 aggregate principal amount of 4.50% Notes, representing 89.11% of the 4.50% Notes, were tendered.
This press release constitutes an amendment to the Statement and Letter of Transmittal. Except as set forth herein, the complete terms and conditions of the Tender Offers remain the same as set forth in the Statement and Letter of Transmittal previously distributed to eligible holders of the Notes.
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