ST. LOUIS, June 15, 2020 /PRNewswire/ -- Spire Missouri
Inc. ("Spire Missouri" or the "Company"), a wholly-owned subsidiary
of Spire Inc. (NYSE: SR), today announced the final tender results
of the previously announced offers (the "Offers") to purchase any
and all of the Company's First Mortgage Bonds, 7% Series due 2029
(the "2029 Bonds"), First Mortgage Bonds, 7.90% Series due 2030
(the "2030 Bonds"), First Mortgage Bonds, 6% Series due 2034 (the
"2034 Bonds"), First Mortgage Bonds, 6.15% Series due 2036 (the
"2036 Bonds") and First Mortgage Bonds, 4.625% Series due 2043 (the
"2043 Bonds" and, together with the 2029 Bonds, the 2030 Bonds, the
2034 Bonds and the 2036 Bonds, the "Bonds"). The terms and
conditions of the Offers are described in an offer to purchase
dated June 8, 2020 (the "Offer to
Purchase"). Terms not defined in this announcement have the
meanings given to them in the Offer to Purchase.
![Spire color logo Spire color logo](https://mma.prnewswire.com/media/347388/Spire_Orange_Logo.jpg)
The Offers expired at 5:00 p.m.,
New York City time, on
June 12, 2020 (the "Expiration
Time").
The aggregate principal amount of 2029 Bonds validly tendered
and not withdrawn by the Expiration Time is $5,715,000, as reported by the information and
tender agent, Global Bondholder Services Corporation ("GBSC"). No
2030 Bonds were validly tendered by the Expiration Time, as
reported by GBSC. The aggregate principal amount of 2034 Bonds
validly tendered and not withdrawn by the Expiration Time is
$755,000, as reported by GBSC. The
aggregate principal amount of 2036 Bonds validly tendered and not
withdrawn by the Expiration Time is $500,000, as reported by GBSC. The aggregate
principal amount of 2043 Bonds validly tendered and not withdrawn
by the Expiration Time is $55,000, as
reported by GBSC. All Bonds validly tendered and not withdrawn will
be purchased as described in the Offer to Purchase and will be
cancelled. The Company expects to pay the Tender Consideration,
together with any Accrued Interest, on June
16, 2020.
About Spire Missouri Inc.
The Company is a public utility engaged in the purchase, retail
distribution and sale of natural gas, with primary offices located
in St. Louis, Missouri. The
Company is the largest natural gas distribution utility system
in Missouri, serving approximately 1.2 million residential,
commercial and industrial customers. The Company has two regions,
one serving St. Louis and eastern Missouri and
the other serving Kansas City and
western Missouri.
Investor Contact:
Scott W. Dudley Jr.
314-342-0878
Scott.Dudley@SpireEnergy.com
Media Contact:
Jessica B. Willingham
314-342-3300
Jessica.Willingham@SpireEnergy.com
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SOURCE Spire Inc.