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A.P.Moller - Maersk A/S - Tender Offer - Pricing

A.P. MØLLER - MÆRSK A/S - PRICING OF CASH TENDER OFFER FOR ANY AND ALL OF ITS OUTSTANDING 3.875% NOTES DUE 2025


14 SEPTEMBER 2023


Full announcement available via Prnewswire


"COPENHAGEN, Denmark, Sept. 14, 2023 /PRNewswire/ -- A.P. Møller - Mærsk A/S ("Maersk", the "Offeror") is today announcing, in respect of its previously announced tender offer to purchase for cash (the "Offer"), any and all of its outstanding 3.875% Notes due 2025 (the "Notes"), set out in the table below, the Reference Yield and the Purchase Price for each Note validly tendered and accepted for purchase in respect of the Offer.


The Offer is being made on the terms and subject to the conditions set out in the offer to purchase dated September 7, 2023 and the related Notice of Guaranteed Delivery (the "Offer to Purchase"). Capitalized terms with respect to the Offer not otherwise defined in this announcement have the same meaning as in the Offer to Purchase.


Pricing for the Offer:

The Reference Yield in respect of the Notes listed below was determined at 10:00 a.m., New York City time, today. The Purchase Price for the Notes listed below is based on the Reference Yield plus the Fixed Spread as set forth in the table below:"



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A.P. MØLLER - MÆRSK A/S COMMENCES CASH TENDER OFFER FOR ALL OF ITS OUTSTANDING 3.875% NOTES DUE 2025


07 SEPTEMBER 2023


Full announcement available via Prnewswire


"COPENHAGEN, Denmark, Sept. 7, 2023 /PRNewswire/ -- A.P. Møller - Mærsk A/S ("Maersk", the "Offeror") has launched today a tender offer to purchase for cash (the "Offer") any and all of its outstanding 3.875% U.S. dollar denominated notes set out in the table below (the "Notes").


The Offer is being made on the terms and subject to the conditions set out in Maersk's offer to purchase dated September 7, 2023 and the related Notice of Guaranteed Delivery (the "Offer to Purchase"). Capitalized terms with respect to the Offer not otherwise defined in this announcement have the same meaning as in the Offer to Purchase.


Purpose of the Offer


The Offeror is providing the holders of its Notes with an opportunity to have their Notes repurchased, as part of the Offeror's active approach to liability management. The Offeror will utilize cash on hand to prepay, in whole or in part, the Notes.


Terms of the Offer


Maersk is offering to purchase for cash, on the terms and conditions described in the Offer to Purchase, any and all of the outstanding Notes set out in the table below:"



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