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Financiera Independencia announces Exchange and related Consent Final Results

Financiera Independencia Announces Final Results and Expiration of its Exchange Offer for Any and All of its 8.000% Senior Notes due 2024


20 FEBRUARY 2023


Full announcement available via PRNEWSWIRE.


"MEXICO CITY, Feb. 20, 2023 /PRNewswire/ -- Financiera Independencia, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada ("FINDEP" or the "Company"), is announcing today the final results and expiration of its previously announced offer to exchange (the "Exchange Offer") any and all of its outstanding 8.000% Senior Notes due 2024 (the "Existing Notes") for its newly issued 10.000% Step-Up Senior Notes due 2028 (the "Step-Up Notes").


Pursuant to the terms and conditions of the Exchange Offer, as set forth in the Exchange Offer Memorandum and Consent Solicitation Statement, dated January 24, 2023 (the "Exchange Offer Memorandum"), the expiration date occurred at 5:00 p.m., New York City time, on February 17, 2023 (the "Expiration Date").


As reported by D.F. King & Co., Inc., the information agent and exchange agent for the Exchange Offer, as of 5:00 p.m., New York City time, on the Expiration Date, the following principal amount of Existing Notes have been validly tendered and not validly withdrawn pursuant to the Exchange Offer:"



 

Financiera Independencia Announces Early Results and Extension of the Early Exchange Payment for its Exchange Offer for Any and All of its 8.000% Senior Notes due 2024 and Related Consent Solicitation


04 FEBRUARY 2023


Full announcement available via PRNEWSWIRE.

 

Financiera Independencia Announces Exchange Offer for Any and All of its 8.000% Senior Notes due 2024 held by Eligible Holders for its newly issued 10.000% Step-Up Senior Notes due 2028 plus a cash payment and Related Consent Solicitation


24 JANUARY 2023


Full announcement available via PRNEWSWIRE.


"MEXICO CITY, Jan. 24, 2023 /PRNewswire/ -- Financiera Independencia, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada ("FINDEP" or the "Company"), today announced that it has commenced (i) an offer to exchange (the "Exchange Offer") any and all of its outstanding 8.000% Senior Notes due 2024 (the "Existing Notes") for its newly issued 10.000% Step-Up Senior Notes due 2028 (the "Step-Up Notes") and (ii) a consent solicitation to solicit consents (the "Consent Solicitation") from Eligible Holders (as defined below) of the Existing Notes to amend (the "Proposed Amendments") the indenture governing the Existing Notes to eliminate substantially all of the restrictive covenants and various events of default and related provisions, contained in such indenture."


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