Powered by

-Diamond Resorts announces the termination of its tender offer for any and all Diamond Resorts International, Inc.'s 7.750% First-Priority Senior Secured Notes due 2023

Jul 31, 2020 - ENP Newswire

LAS VEGAS, NV - Diamond Resorts International, Inc., a global leader in the hospitality and vacation ownership industry (the 'Company'), announced today that it has terminated its offer to purchase for cash (the 'Tender Offer') any and all of its $ 500 million aggregate principal amount of 7.750% First-Priority Senior Secured Notes due 2023 (the 'Notes'), as a result of the Financing Condition (as defined in the Tender Offer Materials) not having been satisfied. The market conditions were not sa...