Vulcan Materials Reports Early Results Related to Previously-Announced Tender Offer


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Vulcan Materials Company(NYSE: VMC) (the "Company") announced today the results as of 5:00 p.m., NewYork City time March 27, 2015 (the "Early Tender Date") of its previouslyannounced tender offer (the "Tender Offer") to purchase up to $200 millionaggregate principal amount (the "Maximum Tender Amount") of its 7.00% Notesdue 2018 (the "Notes").Logo - http://photos.prnewswire.com/prnh/20090710/CL44887LOGOAs of the Early Tender Date, $127.3 million aggregate principal amount of theNotes had been tendered and accepted for purchase. Notes validly tendered asof the Early Tender Date and accepted for purchase in accordance with theterms of the Tender Offer will receive payment of the Total Consideration($1,142.50) today.The terms and conditions of the Tender Offer, which are set forth in an Offerto Purchase and the related Letter of Transmittal dated March 16, 2015 (the"Offer Documents"), remain unchanged, including the withdrawal deadline whichwas 5:00 p.m., New York City time, March 27, 2015. Tendered Notes may nolonger be withdrawn. The Company is making the Tender Offer only by, andpursuant to, the terms and conditions set forth in the Offer Documents. The Tender Offer will expire at 11:59 p.m., New York City time, on April 10,2015, unless extended or earlier terminated (the "Expiration Date"). Holderswho validly tender their Notes after the Early Tender Date will be eligible toreceive the "Tender Offer Consideration" ($1,112.50), which is the TotalConsideration less the Early Tender Premium ($30.00), for each $1,000principal amount of the Notes. In addition to the Tender Offer Consideration,Holders whose Notes are accepted for purchase will also receive accrued andunpaid interest from the last interest payment date to, but not including, theExpiration Date. Payment for all Notes validly tendered after the EarlyTender Date and accepted for purchase, if any, will be made promptly after theExpiration Date.If more than the Maximum Tender Amount of Notes are validly tendered, andNotes are accepted for purchase, the amount of Notes that will be purchasedwill be prorated as described in the Offer to Purchase. Only Notes validlytendered after the Early Tender Date and before the Expiration Date will besubject to possible proration. The Company reserves the right, but is notobligated, to increase the Maximum Tender Amount in its sole discretion. TheCompany will return any Notes not accepted for purchase immediately after theExpiration Date.BofA Merrill Lynch, Wells Fargo Securities, SunTrust Robinson Humphrey and USBancorp are the joint dealer managers and Goldman, Sachs & Co. and RegionsSecurities LLC are the co-dealer managers for the Tender Offer. The TenderAgent and the Information Agent is D.F. King & Co., Inc.. Copies of the Offerto Purchase, Letter of Transmittal and related offering materials areavailable by contacting the Information Agent at (866) 751-6309 (toll-free) or(212) 269-5550. Questions regarding the Tender Offer should be directed toBofA Merrill Lynch at (888) 292-0070 (toll-free) or (980) 387-2113 (collect),Wells Fargo Securities at (866) 309-6316 (toll-free), SunTrust RobinsonHumphrey at (404) 926-5047 (collect) or US Bancorp at (877) 558-2607(toll-free) or (612) 336-7604 (collect).

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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