EL DORADO, Arkansas, June 13, 2014 - Murphy USA Inc. (MUSA) announced today that it has extended its exchange offer for its 6.00% Senior Notes due 2023, which have been registered under the Securities Act of 1933, as amended, for all outstanding 6.00% Senior Notes due 2023 (the "outstanding notes"), that were issued and sold by Murphy USA in August 2013 in a private offering.
The exchange offer, previously scheduled to expire at the end of the day, at midnight, New York time, on June 12, 2014, will now expire at 6:00 p.m., New York time, on June 16, 2014, unless further extended by Murphy USA.
Approximately $499.8 million in aggregate principal amount, or 99.96%, of the outstanding notes were tendered in the exchange offer as of 5:00 p.m., New York time, on June 12, 2014. The extension is intended to allow additional time for holders of the remaining outstanding notes to tender their outstanding notes in the exchange offer.
The terms of the exchange offer are set forth in a prospectus dated May 15, 2014. Documents related to the offer, including the prospectus and the associated letter of transmittal, have been filed with the Securities and Exchange Commission, and may be obtained from the exchange agent, U.S. Bank National Association, at the following address:
U.S. Bank National Association
1349 West Peachtree Street
Atlanta, Georgia 30309
Attn: Felicia Powell
This press release shall not constitute an offer to exchange nor a solicitation of an offer to exchange the outstanding notes. The exchange offer is being made only by the prospectus dated May 15, 2014, and only to such persons and in such jurisdictions as is permitted under applicable law.
This press release contains forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. As such, no assurances can be given that these events will occur or that the projections will be attained. A variety of factors exist that may cause actual results to differ. For further discussion of risk factors, see Murphy USA`s Registration Statement on Form S-4 (and the prospectus included therein) and other filings with the SEC. Murphy USA takes no duty to publicly update or revise any forward-looking statements.
For more information contact:
Tammy L. Taylor
Sr. Manager of Investor Relations and Corporate Communications
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Murphy USA Inc. via GlobeNewswire
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