AIB Group Plc - Tender Offer 2024 (XS) (2) - Launch

AIB Group plc announces Tender Offer in respect of its €500,000,000 Fixed Rate Callable Resettable Subordinated Notes due 2029 (ISIN: XS2080767010) and proposed issue of New Securities

13 MAY 2024

Full announcement including disclaimers and offer restrictions available via Euronext

Scroll below for details of previous offers relating to this Issuer

13 MAY 2024. AIB Group plc (the Offeror) announces today an invitation to eligible holders of its outstanding €500,000,000 Fixed Rate Callable Resettable Subordinated Notes due 2029 (ISIN: XS2080767010) (the Securities) to tender their Securities for purchase by the Offeror for cash, subject to the satisfaction (or waiver) of the New Financing Condition (as defined below) (such invitation, the Offer).

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Summary of the Offer

Rationale for the Offer

The purpose of the Offer is to provide liquidity to Holders and it is being made as part of the Offeror’s active management of its consolidated capital profile whilst issuing New Securities (as defined below) (see “Issuance of New Securities” below) ultimately for the benefit of the Offeror’s business.

Securities purchased by the Offeror pursuant to the Offer are expected to be cancelled and will not be reissued or re-sold. Securities which have not been successfully tendered and/or purchased pursuant to the Offer will remain outstanding."

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AIB Group plc announces the results of its Tender Offer in respect of its €500,000,000 Fixed Rate Reset Additional Tier 1 Perpetual Contingent Temporary Write Down Securities (ISIN: XS2056697951)

30 APRIL 2024

Full announcement including disclaimers and offer restrictions available via Euronext

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"The Expiration Deadline for the Offer was 4.00 p.m. (London time) on 29 April 2024.

The Offeror hereby announces the results of the Offer. Results of the Offer As at the Expiration Deadline, €336,068,000 in aggregate principal amount of the Securities was validly tendered for purchase in the Offer. The Offeror announces that it has decided to set the Final Acceptance Amount at €336,068,000 and, accordingly, that it accepts for purchase all such Securities validly tendered in the Offer in full, with no pro rata scaling. In addition, the Offeror confirms that the New Financing Condition has been satisfied.

The Settlement Date for the Offer is expected to be 2 May 2024. €163,932,000 in aggregate principal amount of the Securities will remain outstanding after the Settlement Date."

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AIB Group plc announces Tender Offer in respect of its €500,000,000 Fixed Rate Reset Additional Tier 1 Perpetual Contingent Temporary Write Down Securities (ISIN: XS2056697951) and proposed issue of New Additional Tier 1 Securities

23 APRIL 2024

Full announcement including disclaimers and offer restrictions available via Euronext

23 APRIL 2024. AIB Group plc (the Offeror) announces today an invitation to eligible holders of its outstanding €500,000,000 Fixed Rate Reset Additional Tier 1 Perpetual Contingent Temporary Write Down Securities (ISIN: XS2056697951) (the Securities) to tender their Securities for purchase by the Offeror for cash, subject to the satisfaction (or waiver) of the New Financing Condition (as defined below) (such invitation, the Offer).

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"Summary of the Offer

...

"Rationale for the Offer

The purpose of the Offer is to provide liquidity to Holders and it is being made as part of the Offeror’s active management of its consolidated capital profile whilst issuing New Additional Tier 1 Securities (as defined below) (see “Issuance of New Additional Tier 1 Securities” below) ultimately for the benefit of the Offeror’s business. Securities purchased by the Offeror pursuant to the Offer are expected to be cancelled and will not be reissued or re-sold. Securities which have not been successfully tendered and/or purchased pursuant to the Offer will remain outstanding."

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