The walt disney company and 21st century fox america announce expiration and final results of the previously announced cash tender offers

The walt disney company (disney) announced the expiration and final results of the previously announced cash tender offers of disney and its indirect subsidiary, 21st century fox america, inc. (21cfa), to purchase outstanding notes of disney subject to a maximum aggregate purchase price (including principal and premium, but excluding accrued interest) of $4,000,000,000 and any and all outstanding debt securities of 21cfa (the 21cfa notes and together with the disney notes, the tender notes and each a series of tender notes). the tender offers expired at 11:59 p.m., new york city time, on september 30, 2019 and no tenders submitted after the expiration date are valid. the tender offers were subject to the satisfaction of certain conditions, all of which have been satisfied as of the expiration date. the early results and pricing information of the tender offers were previously announced in the press releases dated september 17, 2019. on september 18, 2019, disney and 21cfa purchased $2,659,306,000 aggregate principal amount of disney notes and $257,263,000 aggregate principal amount of 21cfa notes, which were validly tendered and not validly withdrawn as of 5:00 p.m., new york city time, on september 16, 2019 in accordance with the amended and restated offer to purchase dated september 3, 2019 (as amended by the release dated september 17, 2019, the offer to purchase) and related letter of transmittal (as amended by the release dated september 17, 2019, the letter of transmittal). capitalized terms used and not defined in this release have the meanings given to them in the offer to purchase. after the early tender deadline and on or prior to the expiration date, approximately $6,472,000 aggregate principal amount of 21cfa notes were validly tendered and not validly withdrawn, and 21cfa has accepted for purchase all of such 21cfa notes.
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