OAKVILLE, ON – Tim Hortons ULC (f/k/a Tim Hortons Inc.) (“Tim Hortons”) announced on Feb. 25, 2015 the cash tender offers (the “Offers”) to repurchase its outstanding:
(i) 4.20% Senior Unsecured Notes, Series 1, due June 1, 2017 (CUSIP No. 88706 MAA1);
(ii) 4.52% Senior Unsecured Notes, Series 2, due December 1, 2023 (CUSIP No. 88706 MAC7); and
(iii) 2.85% Senior Unsecured Notes, Series 3, due April 1, 2019 (CUSIP No. 88706 MAD5) (collectively, the “Notes”) expired at 11:59 p.m., Toronto time, on February 23, 2015.
Tim Hortons has accepted for purchase and payment all of the Notes that were properly tendered (and not validly withdrawn) pursuant to the Offers at or prior to the expiration time.
The Offers have not been extended and therefore concluded at the expiration time.
