EL DORADO, Arkansas, May 15, 2014 - Murphy USA Inc., (MUSA) announced today an offer to exchange any and all of its $500,000,000 outstanding principal amount of 6.00% Senior Notes due 2023, issued in August 2013 in a private offering, for an equal amount of new 6.00% Senior Notes due 2023, registered under the Securities Act of 1933.
The terms of the exchange notes are identical in all material respects to those of the currently outstanding notes, except that the transfer restrictions and registration rights relating to the outstanding notes will not apply to the exchange notes. Notes outstanding that are not exchanged will continue to be subject to the existing restrictions on transfer.
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
Unless extended, the exchange offer will expire at the end of the day, at midnight, New York time, on June 12, 2014. Tenders of the outstanding notes must be made before the exchange offer expires and may be withdrawn at any time before the exchange offer expires.
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