TechnipFMC plc Announces Exchange Offer for 3.45% Senior Notes due 2022
April 24 2018 - 5:00PM
Business Wire
Regulatory News:
TechnipFMC plc (“TechnipFMC”) (NYSE: FTI) (Paris: FTI) (ISIN:
GB00BDSFG982) announced today that it has commenced an exchange
offer for its outstanding unregistered 3.45% Senior Notes due 2022,
Series A. These notes were originally issued on March 29, 2017, in
a private placement exempt from the registration requirements of
the Securities Act of 1933, as amended, in an aggregate principal
amount of $459,764,000 million (the “Exchange Offer”). Holders of
these notes may exchange them for an equal principal amount of a
new issue of 3.45% Senior Notes due 2022, Series B, pursuant to an
effective registration statement on Form S-4 filed with the U.S.
Securities and Exchange Commission (“SEC”). The terms of the new
notes are substantially identical to those of the original notes,
except that the transfer restrictions and registration rights
relating to the original notes do not apply to the new notes.
The Exchange Offer will expire at 5:00 p.m., New York City time,
on May 22, 2018, unless extended. Tenders of the original notes
must be made before the Exchange Offer expires and may be withdrawn
at any time before the Exchange Offer expires.
Documents describing the terms of the Exchange Offer, including
the prospectus, can be obtained from the exchange agent, U.S. Bank
Corporate Trust Services, Attn: Specialized Finance, 111 Fillmore
Avenue East, St. Paul, Minnesota 55107, telephone
1-800-934-6802.
This news release is for informational purposes only, and is not
an offer to buy or the solicitation of an offer to sell any
security. The Exchange Offer is being made only pursuant to the
Exchange Offer documents, including the prospectus that is being
distributed to the holders of the original notes and has been filed
with the SEC.
A copy of the Form S-4 in relation to the Exchange Offer can be
found on the SEC website (www.sec.gov) and on the TechnipFMC
website (www.technipfmc.com).
Important Information for Investors and
Securityholders
Forward-Looking Statements
This release contains “forward-looking statements” as defined in
Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities Exchange
Act of 1934, as amended. The words “scheduled,” “estimated” and
other similar expressions are intended to identify forward-looking
statements, which are generally not historical in nature. Such
forward-looking statements involve significant risks,
uncertainties, and assumptions that could cause actual results to
differ materially from our historical experience and our present
expectations or projections. For additional information regarding
known material factors that could cause actual results to differ
from projected results, please see our risk factors set forth in
our filings with the United States Securities and Exchange
Commission, which include our Registration Statement on Form S-4,
Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and
Current Reports on Form 8-K.
We caution you not to place undue reliance on any
forward-looking statements, which speak only as of the date hereof.
We undertake no obligation to publicly update or revise any of our
forward-looking statements after the date they are made, whether as
a result of new information, future events or otherwise, except to
the extent required by law.
About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and
surface projects. With our proprietary technologies and production
systems, integrated expertise, and comprehensive solutions, we are
transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across
project lifecycles from concept to project delivery and beyond.
Through innovative technologies and improved efficiencies, our
offering unlocks new possibilities for our clients in developing
their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady
commitment to clients and a culture of purposeful innovation,
challenging industry conventions, and rethinking how the best
results are achieved.
To learn more about us and how we are enhancing the performance
of the world’s energy industry, go to TechnipFMC.com and follow us
on Twitter @TechnipFMC.
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version on businesswire.com: https://www.businesswire.com/news/home/20180424006597/en/
TechnipFMC plcInvestor relationsMatt Seinsheimer,
+1-281-260-3665Vice President Investor RelationsMatt
SeinsheimerorPhillip Lindsay, +44 203 429 3929Director Investor
Relations EuropePhillip LindsayorMedia relationsChristophe
Belorgeot, +33 1 47 78 39 92Vice President Corporate
CommunicationsChristophe BelorgeotorDelphine Nayral, +33 1 47 78 34
83Manager Public RelationsDelphine Nayral
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