Warrior Met Coal $150 Million Tender Offers


Akin Gump Advises Warrior Met Coal on the transaction

Warrior Met Coal, Inc. has announced the commencement of its offer to purchase, in cash, up to $150 million principal amount of the company’s outstanding 8.00 percent Senior Secured Notes (“Notes”) due 2024, at a repurchase price of 103 percent of the aggregate principal amount of such Notes, plus accrued and unpaid interest with respect to such Notes to, but not including, the date of repurchase.

Akin Gump advised Warrior in this transaction as well as in a concurrent, but separate, cash tender offer to purchase up to $150 million principal amount of the Notes at a repurchase price of 104.25 percent of the aggregate principal amount of such Notes, plus accrued and unpaid interest to, but not including, the date of repurchase.

Corporate partner Rosa Testani (Picture) led the Akin Gump team advising Warrior Met Coal. She was joined by partner Shar Ahmed, senior counsel Daniel Zimmerman, counsel Michael Miller, and associates Natasha Burnett and Travis Cherry as well as tax senior counsel Jonathan Ciner.

Involved fees earner: Shar Ahmed – Akin Gump; Natasha Biller Burnett – Akin Gump; Jonathan Ciner – Akin Gump; Michael Miller – Akin Gump; Travis Samuel Cherry – Akin Gump; Rosa Testani – Akin Gump; Daniel Zimmerman – Akin Gump;

Law Firms: Akin Gump;

Clients: Warrior Met Coal Inc.;

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Author: Ambrogio Visconti