AEDAS Homes OpCo, S.L.U - Tender Offer 2024 (XS) - Results

AEDAS Homes OpCo, S.L.U. announces the results of its offer to purchase a portion of its outstanding €325,000,000 4.000% Senior Secured Notes due 2026 (Regulation S ISIN: XS2343873597 / Regulation S Common Code: 234387359) (the "Notes") for cash

28 MARCH 2024

Full announcement including disclaimers and offer restrictions available via Euronext

...

"Results of the Offer

The Issuer confirms that as at 17:00 hours (CET) on 27 March 2024, being the Expiration Deadline for the Offer, it had received valid Tender Instructions in respect of €90,197,000 in aggregate face amount of Notes and hereby announces that it has determined that it will accept for purchase, subject to the terms and conditions set out in the Tender Offer Memorandum and at the Purchase Price of 99.0%, Notes validly tendered pursuant to the Offer, on a pro rata basis, in an aggregate nominal amount of €68,436,000, being the Final Acceptance Amount. The Issuer further announces that the proration factor will be as set out in the table below. Notes accepted for purchase and prorated in accordance with the proration factor will be rounded down to the nearest €1,000 in aggregate principal amount in accordance with the terms and conditions set out in the Tender Offer Memorandum. If following the application of the pro rata scaling the principal amount of Notes otherwise due to be accepted for purchase from a Noteholder pursuant to a Tender Instruction would be less than €100,000, the Issuer has, in its sole discretion, chosen to accept at least €100,000, being the minimum denomination of the Notes.

As at the date of this announcement, of the €325,000,000 in aggregate principal amount of the Notes outstanding, the Issuer holds €1,564,000, which will be cancelled together with Notes repurchased by the Issuer pursuant to the Offer and will not be re-issued or re-sold."

...

---

AEDAS Homes OpCo, S.L.U. announces its offer to purchase a portion of its outstanding €325,000,000 4.000% Senior Secured Notes due 2026 (Regulation S ISIN: XS2343873597 / Regulation S Common Code: 234387359) (the "Notes") for cash - XS2343873597

20 MARCH 2024

Full announcement including disclaimers and offer restrictions available via Euronext

20 March 2024. AEDAS Homes OpCo, S.L.U. (the "Issuer") hereby announces an invitation to the Eligible Noteholders of its outstanding Notes for cash at the Purchase Price (as defined below) up to the Maximum Acceptance Amount (as defined below) of €50,000,000 in aggregate principal amount of Notes (the "Offer"), on the terms and subject to the conditions set out in the tender offer memorandum dated 20 March 2024 (the "Tender Offer Memorandum") prepared in connection with the Offer.

...

"Rationale for the Offer

The purpose of the Offer is for the Issuer to reduce its outstanding debt position and overall interest expense.

Summary of the Offer"

...