Crockett Cogeneration extends, ups offer for 5.869% notes due 2025

By Mary-Katherine Stinson

Lexington, Ky., Jan. 27 – Crockett Cogeneration LP amended its previously announced tender offer to purchase for cash any and all of its outstanding 5.869% senior secured notes due 2025, according to a press release.

The offer was launched on Jan. 3.

The amended offer increases the tender consideration to $1,004.78 per $1,000 original principal amount of notes tendered and accepted for purchase and applies to all notes, including previously tendered notes.

The expiration of the offer was extended to 11:59 p.m. ET on Feb 14, with the settlement date subsequently pushed out to Feb. 16.

No action is needed by holders who have already tendered their notes.

The tender offer is not conditioned on any minimum amount of notes being tendered and all other aspects of the offer remain unchanged.

Questions about the terms of the offer may be directed to the company (410 685-7950, pponce@hullstreetenergy.com).

Global Bondholder Services Corp. (855 654-2014, 212 430-3774, contact@gbsc-usa.com) is the tender and information agent and can distribute the offer to purchase and other related materials.

Troutman Pepper Hamilton Sanders LLP is legal counsel to the company.

Crockett owns and operates a natural gas-fired combustion gas turbine electrical power generating plant located in Crockett, Calif. It is an indirect, wholly owned subsidiary of an affiliate of certain funds managed by Hull Street Energy, LLC.

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