AECOM announced today that it has commenced a cash tender offer for any and all of its $997,293,000 principal amount outstanding 5.125% Senior Notes due 2027. A comprehensive description of the terms is included in AECOM's Offer to Purchase.
The tender offer will expire at 5:00 p.m., New York City time, on July 21, 2025, unless extended or terminated. The consideration offered for each $1,000 principal amount of notes will be determined by reference to a fixed spread plus the yield of a U.S. Treasury Reference Security.
AECOM's obligation to accept and pay for the tendered notes is subject to certain conditions, including having raised sufficient net proceeds from a concurrently commenced offering of $1.0 billion in senior unsecured notes due 2033. This strategy aims to refinance existing debt and manage its debt maturity profile.
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