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Atradius Finance B.V. - Tender Offer 2024 (XS) - Launch

ATRADIUS FINANCE B.V. LAUNCHES CASH TENDER OFFER - XS1028942354

08 APRIL 2024


Full announcement including disclaimers and offer restrictions available via Luxse


Atradius Finance B.V. (the Offeror) announces today an invitation to holders of its outstanding €250,000,000 Fixed to Floating Rate Guaranteed Subordinated Notes due 2044 (ISIN: XS1028942354) guaranteed by Atradius N.V. (the Notes) to tender such Notes for purchase by the Offeror for cash subject to the satisfaction (or waiver) of the New Financing Condition (the Offer).

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Summary of the Offer



Rationale for the Offer


The purpose of the Offer (combined with the issue of the New Notes (as defined below) by Atradius Crédito y Caución S.A. de Seguros y Reaseguros (ACyC)) is to proactively manage the debt capital structure of the Atradius N.V. (the Parent) and its subsidiaries. The Offer will also provide liquidity to those holders whose Notes are accepted in the Offer. Notes repurchased by the Offeror pursuant to the Offer will be cancelled and will not be re-issued or sold."


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