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Gonzaga University Announces Tender Offer for Outstanding Debt Securities
Gonzaga University offers to buy back up to $50 million of 2016A bonds to manage outstanding debt, with tender deadline set for Jan. 20, 2026, New York City time.
- The Corporation of Gonzaga University today commenced a cash tender offer to purchase its Revenue and Refunding Taxable Bonds, Series 2016A, up to an Aggregate Tender Cap of $50,000,000, with the Invitation dated January 5, 2026, beginning distribution to holders from Spokane, Wash.
- By design, the Invitation gives the issuer flexibility to change the Aggregate Tender Cap anytime without extending withdrawal rights and to extend the Early Tender Date without extending the Withdrawal Deadline.
- Holdings must validly tender by 5:00 p.m., New York City time on January 20, 2026, to qualify for the Total Consideration, with payment anticipated on February 3, 2026.
- Because purchases may be prorated, holders of about $108,275 of Series 2016A bonds will receive accrued interest, with no recommendation from the University or intermediaries.
- Investors should note that the Invitation contains forward‑looking statements based on Gonzaga University management's expectations, which involve risks and uncertainties that could cause actual results to differ, and the University assumes no obligation to update these statements except as required by law.
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Gonzaga University Announces Tender Offer for Outstanding Debt Securities
SPOKANE, Wash., Jan. 5, 2026 /PRNewswire/ -- The Corporation of Gonzaga University ("Gonzaga University" or the "University") today announced that it has commenced a tender offer to purchase for cash the debt securities issued by the University listed in the…
·Helena, United States
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Total News Sources21
Leaning Left1Leaning Right0Center13Last UpdatedBias Distribution93% Center
Bias Distribution
- 93% of the sources are Center
93% Center
C 93%
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