NCIG Launches Tender Offer for 4.40% Notes Due 2027

Newcastle Coal Infrastructure Group Pty Ltd (NCIG) has initiated a cash tender offer for all of its outstanding 4.400% guaranteed senior secured notes, which mature on July 15, 2027. The offer encompasses all issued debt securities. The tender period commenced on September 8, 2026, and is scheduled to conclude on October 7, 2026, unless extended.

Under the terms of the offer, NCIG will pay a specified price for each note tendered. Additionally, investors who submit their notes prior to the expiration of the offer and meet certain conditions may receive an additional payment, known as an early tender payment. The company has appointed D.F. King & Co., Inc. as its tender agent and information agent.

NCIG has been focused on strengthening its balance sheet and managing its debt profile. This tender offer is understood to be part of a broader financial strategy aimed at optimizing the company's capital structure and ensuring long-term financial stability. Specific financial terms and pricing are detailed in the company's official filings.