Avon accepts $274.3M in notes in early tender offer

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|About: Avon Products, Inc. (AVP)|By: , SA News Editor 

Avon Products (NYSE:AVP) has announced early tender results from its offer to buy outstanding 4.6% 2020 notes.

Of just under $387M outstanding, some $274.3M had been validly tendered by the early tender deadline, which came at 5 p.m. yesterday.

Avon accepted those notes for purchase; the final tender deadline is just before midnight on July 17.

Consideration for the early tendered notes was $1.027.70 per $1,000 in principal; the regular consideration is $997.70 per $1,000 in principal.

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