HUB INTERNATIONAL LIMITED ANNOUNCES COMPLETION OF TENDER OFFER FOR 8.125% SENIOR NOTES DUE 2018
Chicago October 7, 2013 -
Hub International Limited ("Hub") today announced that the final tender period for the previously announced offer to purchase its outstanding 8.125% Senior Notes due 2018 (the "2018 Notes"), expired at 11:59 p.m., New York City time, on October 4, 2013.
Hub received no new tenders or consents subsequent to its purchase for cash on October 2, 2013 of $739,750,000 aggregate principal amount, or approximately 99.97% of the 2018 Notes. The complete terms and conditions of the tender offer were set forth in an Offer to Purchase and Consent Solicitation Statement that was sent to holders of the 2018 Notes.
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the expected offering and the use of proceeds. We have used words such as "anticipate," "believe," "expect," "intend," "plan," "project," "will continue," "will likely result," and similar expressions to indicate forward-looking statements, however, these words are not the exclusive means of identifying these forward-looking statements. These statements are based on information currently available to us and are subject to various risks, uncertainties, and other factors that could cause our actual growth, results of operations, financial condition, cash flows, performance and business prospects, and opportunities to differ materially from those expressed in, or implied by, these statements. In light of the significant uncertainties inherent in any forward-looking statements contained herein, our inclusion of such information is not a representation or guarantee by us that our objectives and plans will be achieved and we caution the reader against unduly relying on these forward-looking statements.
Forward-looking statements contained herein speak only as of the date made. Hub undertakes no obligation to update or publicly announce the revision of any of the forward-looking statements contained herein to reflect new information, future events, developments, or changed circumstances or for any other reason.
About Hub International Limited
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage providing property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States (including Puerto Rico), Canada, and Brazil.
Investor Relations Contact
Hub International Limited
Source: HUB International Limited