The CI company Hutchison Whampoa International Limited and the BVI-registered Hutchison Whampoa International , which are the wholly-owned subsidiaries of Hong Kong-incorporated Hutchison Whampoa Limited, announced the expiration and final results of two previously announced cash tender offers - one by Acelist Limited and the other by Daystep Limited. Each of these companies is a British Virgin Islands business company and a wholly-owned subsidiary of the HK parent company.
The tender offers, each for up to US$750,000,000 aggregate principal amount of the applicable Series of Notes at a purchase price per US$1,000 principal amount of such Series of Notes determined by the modified procedure described in the Offer to Purchase in May 2009, expired on June 16, 2009.
The BVI-registered Acelist Limited has accepted for purchase the 2010 Notes, the aggregate principal amount of which was US$162,373,000 pursuant to the tender offer. Another BVI company, Daystep Limited, has accepted for purchase all of the 2011 Notes, the aggregate pirncipal amount of which pursuant to the tender offer was US$182,806,000.
