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As part of the amended tender offer, the company is separately amending its previously announced consent solicitation relating to the indentures governing the 2013 notes and the 2014 notes.
Murray Energy also announced that a large majority of holders of the outstanding aggregate principal amount of each of the 2013 notes and the 2014 Notes have agreed to tender their notes following the terms of the amended tender offer and consent to the proposed amendments to the indentures.
Holders of the 2013 notes who validly tender and do not withdraw their notes prior to April 8, 2015 and whose 2013 notes are accepted for payment by the company, will receive $US1,109.70 per $1000 principal amount of 2013 notes, which is equal to $1059.70 per $1000 principal amount of 2013 notes validly tendered and accepted for payment.
They will also receive an early tender payment of $50 per $1000 principal amount of 2013 notes validly tendered and accepted for payment.
