Source: Hawaiian Airlines
Hawaiian Airlines, Inc. (the “Company”), a wholly owned subsidiary of Hawaiian Holdings, Inc. (“Holdings”), announced that it is further extending the Early Tender Deadline (as defined below) of its previously announced (i) offers to purchase for cash (collectively, the “Tender Offers” and each, a “Tender Offer”) any and all of its 7.375% Series 2020-1A Pass Through Certificates due 2027 and 11.250% Series 2020-1B Pass Through Certificates due 2025 (collectively, the “Certificates”) and (ii) Consent Solicitations (as defined in the Offer to Purchase), in each case set forth in the Company’s Offer to Purchase and Consent Solicitation Statement, dated September 23, 2021 (the “Offer to Purchase”).
The “Early Tender Deadline” applicable to the Tender Offers previously scheduled for 5:00 p.m., New York City time, on October 6, 2021, was previously extended to 5:00 p.m., New York City time, on October 14, 2021, and has been further extended to the Expiration Date of 11:59 p.m., New York City time, on October 21, 2021.
The deadline for withdrawal of tenders of Certificates was 5:00 p.m., New York City time, on October 6, 2021 and remains unchanged. Certificates that have been tendered or that may be tendered prior to the applicable expiration date pursuant to the Offer to Purchase therefore may not be withdrawn unless required by applicable law.
The “Expiration Date” applicable to the Tender Offers was 11:59 p.m., New York City time, on October 21, 2021 and remains unchanged. The Company will settle the Tender Offers on the Final Settlement Date which is expected to occur on October 25, 2021.
Except as described herein, other terms of the Tender Offers remain unchanged. Holders of Certificates should read carefully and in their entirety the Offer to Purchase before deciding whether to tender. No further action is required to be taken by holders who have already tendered Certificates.
The Tender Offers are not conditioned upon any minimum pool balance of Certificates being tendered. However, the Tender Offers and Consent Solicitations are subject to, and conditioned upon, the satisfaction or waiver of certain conditions described in the Offer to Purchase.
Citigroup Global Markets Inc. is the Dealer Manager and Solicitation Agent in the Tender Offers and Consent Solicitations. Global Bondholder Services Corporation has been retained to serve as the Tender and Information Agent for the Tender Offers and Consent Solicitations. Persons with questions regarding the Tender Offers and Consent Solicitations should contact Citigroup at (800) 558-3745 (toll-free) or (212) 723-6106 (collect). Requests for copies of the Offer to Purchase and other related materials should be directed to Global Bondholder Services Corporation at (banks or brokers) (212) 430-3774 or (toll free) (866) 807-2200 or by email to contact@gbsc-usa.com.
None of the Company, the Dealer Manager and Solicitation Agent, the Tender and Information Agent, the Trustee (as defined in the Offer to Purchase), the Subordination Agent (as defined in the Offer to Purchase), nor any of their respective directors, officers, employees or affiliates makes any recommendation as to whether holders should tender their Certificates pursuant to the applicable Tender Offer or consent pursuant to the Consent Solicitations, and no one has been authorized by any of them to make such a recommendation. Holders must make their own decisions as to whether to tender their Certificates and deliver related consents to the Proposed Amendments (as defined in the Offer to Purchase), and, if so, the pool balance of Certificates as to which action is to be taken.