Globalworth Real Estate Investments Limited - Tender Offer (UMDA) - Results

Globalworth Real Estate Investments Limited announces the results of its Tender Offer in respect of its €550,000,000 3.000 per cent. Notes due 2025 (ISIN: XS1799975922) and €400,000,000 2.950 per cent. Notes due 2026 (ISIN: XS2208868914)

27 JUNE 2023

Full announcement including disclaimers and offer restrictions available via Euronext (Source: Globalworth Real Estate Investments Limited)

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"The Offeror announces today that it will accept for purchase €100,000,000 in aggregate principal amount of the 2025 Notes validly tendered pursuant to the Offers, including all Notes validly tendered by way of Non-Competitive Tender Instructions.

The aggregate Purchase Consideration (excluding Accrued Interest Payments) for the 2025 Notes validly tendered and

accepted for purchase pursuant to the Offers will be €83,171,310, which will be funded by cash on the Offeror’s balance

sheet. The Offeror will also pay Accrued Interest in respect of the 2025 Notes validly tendered, delivered and accepted for purchase by the Offeror pursuant to the Offers. In accordance with the terms set out in the Tender Offer Memorandum, the Offeror determined not to accept any of the 2026 Notes tendered pursuant to the Offers.

The final results of the Offer for the 2025 Notes are as follows:

Notes purchased by the Offeror pursuant to the Offers are expected to be cancelled and will not be re-issued or re-sold.

Notes which have not been validly tendered and accepted for purchase pursuant to the Offers will remain outstanding after the Settlement Date.

Noteholders who have tendered their Notes for purchase pursuant to the Offers are advised to check with the bank, securities broker, custodian, trust company, direct participant or other intermediary through which they hold their Notes to determine whether their tendered Notes have been accepted for purchase by the Offeror.

Any Notes that have been tendered by way of Competitive Tender Instructions but not accepted by the Offeror for purchase pursuant to the Offers shall be unblocked in the relevant Noteholder’s account in the relevant Clearing System."

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Globalworth Real Estate Investments Limited announces Tender Offer

20 JUNE 2023

Full announcement including disclaimers and offer restrictions available via Euronext (Source: Globalworth Real Estate Investments Limited)

"Globalworth Real Estate Investments Limited (the “Offeror”) announces a tender offer addressed to the holders of its outstanding €550,000,000 3.000 per cent. Notes due 29 March 2025 (ISIN: XS1799975922) (the “2025 Notes”) and €400,000,000 2.950 per cent. Notes due 29 July 2026 (ISIN: XS2208868914) (the “2026 Notes” and, together with the 2025 Notes, the “Notes”; each of the 2025 Notes and the 2026 Notes a “Series”) to tender their Notes for purchase by the Offeror for cash."

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"Rationale for the Offers

The purpose of the Offers is, amongst other things, to proactively manage the Offeror’s debt maturity profile.

Any Notes purchased by the Offeror pursuant to the Offers are expected to be cancelled and will not be re-issued or re-sold.

Notes which have not been validly tendered and accepted for purchase pursuant to the Offers will remain outstanding after the Settlement Date."

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