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Cydsa, S.A.B. de C.V. - Tender Offer - Extension and Update

CYDSA ANNOUNCES EXTENSION OF EARLY TENDER TIME AND ELECTION OF EARLY SETTLEMENT DATE FOR THE TENDER OFFER FOR ITS OUTSTANDING 6.250% SENIOR NOTES DUE 2027


21 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Source: Prnewswire


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"As of the original early tender time of 5:00 p.m., New York City time, on September 20, 2023 (the "Original Early Tender Time"), U.S.$76,605,000 aggregate principal amount of the Notes had been validly tendered and not validly withdrawn. The Original Early Tender Time has been extended to 5:00 p.m., New York City time, on October 5, 2023 (as so extended, the "Revised Early Tender Time"). All other terms, provisions and conditions of the Tender Offer will remain in full force and effect, it being understood that references to the "Early Tender Time" in the Offer to Purchase shall mean the Revised Early Tender Time."


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"Pursuant to the Offer to Purchase, and subject to the terms and conditions of the Tender Offer set forth therein, Cydsa intends to accept for purchase all U.S.$76,605,000 aggregate principal amount of the Notes validly tendered (and not validly withdrawn) at or prior to the Original Early Tender Time and has exercised its right to have an early settlement date with respect to such Notes, which is expected to occur on September 22, 2023 (the "Early Settlement Date"). Following the Early Settlement Date, the outstanding amount of the Notes will be $255,070,000.


The Tender Offer is scheduled to expire at 5:00 p.m., New York City time, on October 5, 2023 (the "Expiration Time"). In addition, the withdrawal deadline of 5:00 p.m., New York City time, on September 20, 2023 for the Tender Offer has now passed; accordingly, Notes validly tendered in the Tender Offer may not be withdrawn."


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CYDSA ANNOUNCES TENDER OFFER FOR UP TO $100 MILLION IN AGGREGATE PURCHASE PRICE FOR ITS OUTSTANDING 6.250% SENIOR NOTES DUE 2027


07 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Source: Prnewswire


"SAN PEDROGARZA GARCIA, Mexico, Sept. 7, 2023 /PRNewswire/ -- Cydsa, S.A.B. de C.V. ("Cydsa") (BMV: CYDSASA) announced today that it has commenced a tender offer to purchase for cash (the "Tender Offer") up to an aggregate principal amount of its 6.250% Senior Notes due 2027 (the "Notes") that will not result in the Aggregate Purchase Price (as defined below) for the Notes validly tendered (and not validly withdraw) and accepted for purchase pursuant to the Tender Offer to exceed U.S.$100 million (such amount, as may be modified by Cydsa in its sole discretion, the "Maximum Amount"). The Tender Offer is being made pursuant to the terms of an Offer to Purchase, dated September 7, 2023 (as may be amended or supplemented from time to time, the "Offer to Purchase"), and is subject to certain conditions."


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