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Athora Netherlands N.V. - Tender Offer 2024 (XS) - Final Results

ATHORA NETHERLANDS N.V. ANNOUNCES FINAL RESULTS OF TENDER OFFERS - XS2330501995 - XS2468390930

11 JUNE 2024


Full announcement including disclaimers and offer restrictions available via Euronext


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"The Expiration Deadline for the Offers was 5.00 p.m. (CEST) on 10 June 2024. The Offeror hereby announces that the aggregate nominal amounts of the EUR NC2026 Notes and the EUR NC2027 Notes validly accepted for purchase in accordance with the terms and subject to the conditions (including the New Financing Conditions) set out in the Tender Offer Memorandum are set out in the table below.



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ATHORA NETHERLANDS N.V. ANNOUNCES TENDER OFFERS TO PURCHASE NOTES FOR CASH - XS2330501995 - XS2468390930

03 JUNE 2024


Full announcement including disclaimers and offer restrictions available via Euronext


Athora Netherlands N.V. (the "Offeror") has today launched separate invitations to holders of its outstanding (i) EUR 300,000,000 Fixed to Fixed Rate Subordinated Notes due 2031 (ISIN: XS2330501995) (the "EUR NC2026 Notes") and/or (ii) EUR 500,000,000 Fixed to Fixed Rate Subordinated Notes due 2032 (ISIN: XS2468390930) (the "EUR NC2027 Notes", each a "Series" and together the "Notes"), to tender such Notes for purchase by the Offeror for cash (each such invitation an "Offer" and together the "Offers").

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"Summary of the Offers


Purpose of the Offers


The purpose of the Offers and the issue of the New Notes is, amongst other things, primarily to optimise the Offeror’s capital structure by allowing further deferred tax assets to become eligible from a solvency II eligible own funds tiering-limit perspective which together with a shareholder capital injection, will increase the Offeror’s solvency II coverage ratio. Pursuant to the Condition of the Notes, purchase of the Notes is subject to certain conditions described therein, including, but not limited to, the prior approval of the relevant supervisory authority. The Offeror has obtained approval from the relevant supervisory authority, being the Dutch Central Bank (De Nederlandsche Bank), for the Offers."


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