Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the expiration and results of its previously announced tender offer (the "Tender Offer") to purchase for cash any and all of its outstanding 4.250% senior notes due 2030 (the "Notes"). The Tender Offer expired at 5:00 p.m., New York City time, on April 12, 2024 (the "Expiration Time"). The Tender Offer was made to comply with the requirements of the asset sale covenant under the inde
Key Insights The projected fair value for Valvoline is US$47.02 based on 2 Stage Free Cash Flow to Equity Valvoline's...
Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it has commenced a tender offer (the "Tender Offer") to purchase for cash any and all of its outstanding 4.250% senior notes due 2030 (the "Notes"). The Tender Offer is being made to comply with the requirements of the asset sale covenant under the indenture governing the Notes.