US Edition$5.2B+ in Notes Tendered: Walgreens Boots Alliance Extends Debt Offer Deadline in Major Merger Deal
Walgreens Boots Alliance extended the $5.3 billion debt tender offer to align with merger closing, with bondholder participation rates between 84% and 98%, indicating strong support.
- Blazing Star Merger Sub, Inc. extended the Expiration Time and Settlement Date for cash tender offers for Walgreens Boots Alliance's outstanding notes on August 18, 2025, in New York.
- These extensions followed the March 6, 2025 merger agreement wherein Blazing Star will merge with and into Walgreens Boots Alliance, making WBA a wholly owned subsidiary of the Parent.
- The tender offers encompass a range of Walgreens Boots Alliance, Inc. notes—including those maturing in 2025, 2026, 2029, 2030, 2034, 2044, 2046, 2050—as well as Walgreen Co.'s 2042 notes, with detailed terms outlined in the related documentation dated July 22, 2025.
- The Expiration Time for the tender offers was extended from 11:59 p.m. on August 18, 2025, to 5:00 p.m. Eastern Time on August 21, 2025, and the Settlement Date was postponed to August 26, 2025. However, the Withdrawal Deadline, which expired at 5:00 p.m. Eastern Time on August 4, 2025, remains final, and no withdrawals are permitted.
- Holders must independently decide whether to tender notes, as no entity involved makes any recommendation, and the tender offers and consent solicitations are subject to conditions with no assurance of completion.
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Blazing Star Merger Sub, Inc. announces extension of the expiration time and settlement date for the previously announced Tender Offer and Consent Solicitation for any and all Walgreens Boots Alliance, Inc.'s 3.600% senior notes due 2025, 2.125% senior no
NEW YORK, Aug. 18, 2025 /PRNewswire/ -- Blazing Star Merger Sub, Inc. (the "Offeror" announced today the extension of the Expiration Time and the Settlement Date (as defined below) for (A) the previously announced cash tender offers (each, an "Offer"…
$5.2B+ in Notes Tendered: Walgreens Boots Alliance Extends Debt Offer Deadline in Major Merger Deal
Blazing Star Merger Sub extends tender offer for Walgreens Boots Alliance's multiple senior notes series to Aug 21, 2025. Settlement date moved to Aug 26, with majority of noteholders across all series participating.
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Leaning Left2Leaning Right4Center15Last UpdatedBias Distribution71% Center
Bias Distribution
- 71% of the sources are Center
71% Center
C 71%
R 19%
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