AECOM announces launch of exchange offer for $1 billion aggregate principal amount of its 5.125% Senior Notes due 2027
May 26 2017 - 10:31AM
Business Wire
AECOM (NYSE:ACM), a premier, fully integrated global
infrastructure firm, announced today that it has launched an offer
to exchange new registered notes for the outstanding unregistered
notes that it issued in February 2017 in a private placement
pursuant to Rule 144A and Regulation S under the Securities Act of
1933, as amended (the “Securities Act”).
AECOM is offering to exchange (the “Exchange Offer”) $1 billion
aggregate principal amount of its newly issued 5.125% Senior Notes
due 2027, as well as all related guarantees (the “Exchange Notes”)
for a like principal amount of its outstanding 5.125% Senior Notes
due 2027, as well as all related guarantees (the “Old Notes”). The
Exchange Notes have been registered under the Securities Act and
will be guaranteed by AECOM’s subsidiaries that guarantee the Old
Notes. AECOM will not receive any proceeds from the issuance of the
Exchange Notes. The sole purpose of the Exchange Offer is to
fulfill AECOM’s obligations under the registration rights agreement
entered into with holders of the Old Notes in connection with the
February 2017 offering.
The Exchange Offer will expire at 5:00 p.m. New York City time
on June 26, 2017, unless otherwise extended (such date and time, as
they may be extended, the “Expiration Date”). The settlement date
for the Exchange Offer will occur as promptly as practicable
following the Expiration Date. The Exchange Offer is made only
pursuant to AECOM’s prospectus dated May 26, 2017, which has been
filed with the United States Securities and Exchange Commission.
AECOM has not authorized any person to provide information other
than as set forth in the prospectus.
Copies of the exchange offer prospectus and related materials
may be obtained from the exchange agent for the Exchange Offer,
U.S. Bank National Association, by emailing or faxing a request to
cts.specfinance@usbank.com or (651) 466-7372 (for Eligible
Institutions only) or by mailing or delivering a request to U.S.
Bank National Association, Global Corporate Trust Services, 111
Fillmore Ave. East, EP-MN-WS2N, St. Paul, MN 55107, Attention:
Specialized Finance.
This press release is for informational purposes only and is
neither an offer to buy, nor a solicitation of an offer to sell,
the Exchange Notes or any other securities, and shall not
constitute an offer, solicitation or sale in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful.
About AECOM
AECOM (NYSE:ACM) is built to deliver a better world. We design,
build, finance and operate infrastructure assets for governments,
businesses and organizations in more than 150 countries. As a fully
integrated firm, we connect knowledge and experience across our
global network of experts to help clients solve their most complex
challenges. From high-performance buildings and infrastructure, to
resilient communities and environments, to stable and secure
nations, our work is transformative, differentiated and vital. A
Fortune 500 firm, AECOM had revenue of approximately $17.4 billion
during fiscal year 2016. See how we deliver what others can only
imagine at aecom.com and @AECOM.
All statements in this press release other than statements of
historical fact are “forward-looking statements” for purposes of
federal and state securities laws, including statements relating to
the future exchange offer. Although we believe that the
expectations reflected in our forward-looking statements are
reasonable, actual results could differ materially from those
projected or assumed in any of our forward-looking statements.
Important factors that could cause our actual results,
performance and achievements, or industry results to differ
materially from estimates or projections contained in our
forward-looking statements include, but are not limited to, the
following: our business is cyclical and vulnerable to economic
downturns and client spending reductions; uncertainties related to
government contract appropriations; Budget Control Act of 2011;
governmental agencies may modify, curtail or terminate our
contracts; government contracts are subject to audits and
adjustments of contractual terms; losses under fixed-price
contracts; limited control over operations run through our joint
venture entities; misconduct by our employees or consultants or our
failure to comply with laws or regulations applicable to our
business; our leveraged position and ability to service our debt;
ability to maintain surety and financial capacity; exposure to
legal, political and economic risks in different countries as well
as currency exchange rate fluctuations; the failure to retain and
recruit key technical and management personnel; our insurance
policies may not provide adequate coverage; Brexit; unexpected
adjustments and cancellations related to our backlog; dependence on
third party contractors who fail to satisfy their obligations;
systems and information technology interruption; and changing
client preferences/demands, fiscal positions and payment patterns.
Additional factors that could cause actual results to differ
materially from our forward-looking statements are set forth in our
reports filed with the Securities and Exchange Commission. We do
not intend, and undertake no obligation, to update any
forward-looking statement.
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version on businesswire.com: http://www.businesswire.com/news/home/20170526005383/en/
For AECOMMedia:Brendan Ranson-Walsh,
212-739-7212VP, Externals
Communicationsbrendan.ranson-walsh@aecom.comorInvestors:Will
Gabrielski, 213-593-8208VP, Investor
Relationswilliam.gabrielski@aecom.com
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