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Grenke Finance PLC - Tender Offer 2024 (XS) - Results

GRENKE FINANCE PLC announces results of tender offers for certain series of its Euro denominated Notes - XS2078696866 - XS2155486942

30 MAY 2024


Full announcement including disclaimers and offer restrictions available via Luxse

Scroll below for information on previous offers related to this Issuer


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"Results of the Solicitations


The Maximum Acceptance Amount in respect of the Solicitations is EUR 123,173,000.


The Company has decided to accept only validly tendered Tender and Priority Acceptance Instructions in respect of the Solicitations submitted by Noteholders who subscribed to the New Notes."


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GRENKE FINANCE PLC announces tender offers for certain series of its Euro denominated Notes - XS2078696866 - XS2155486942

21 MAY 2024


Full announcement including disclaimers and offer restrictions available via Luxse

Scroll below for information on previous offers related to this Issuer


Baden-Baden, 21 May 2024 – GRENKE FINANCE PLC (the "Company") hereby announces solicitations to Noteholders of its outstanding EUR 400,000,000 0.625 per cent. Notes due 2025 (ISIN: XS2078696866) (the "January 2025 Notes") and EUR 449,250,000 3.950 per cent. Notes due 2025 (ISIN: XS2155486942) (the "July 2025 Notes", and together with the January 2025 Notes, the "Notes"), to tender their Notes for repurchase by the Company for cash up to the Maximum Acceptance Amount (each such solicitation, a "Solicitation", and together, the "Solicitations")

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Rationale for the Solicitations


By tendering for the Notes, the Company intends to proactively manage its liability structure. The Solicitations seek to provide liquidity to current holders of the Notes which are subject of such Solicitations."


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GRENKE FINANCE PLC announces results of the Solicitations - XS1956014531/XS2469031749

27 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Luxse


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"The Expiration Deadline for receipt by the Tender Agent for Tender Instructions was 5.00 PM (CET) on 26 September 2023.


Results of the Solicitations

Notes in an aggregate principal amount of EUR 180,327,000 have been validly tendered and accepted for repurchase pursuant to the terms of the Solicitations. The Company will also pay Accrued Interest in respect of the Notes accepted for repurchase. "


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GRENKE FINANCE PLC announces the Maximum Acceptance Amount in respect of its Solicitations dated 18 September 2023 - XS1956014531/XS2469031749

22 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Luxse


"Baden-Baden, 22 September 2023 – GRENKE FINANCE PLC (the "Company") announces today, with reference to the Solicitations (as described in the tender offer memorandum dated 18 September 2023 (the "Tender Offer Memorandum")) in respect of its outstanding (i) EUR 300,000,000 1.625% Notes due April 2024 (ISIN XS1956014531) (the "1.625% 2024 Notes"), and (ii) EUR 150,000,000 4.125% Notes due October 2024 (ISIN XS2469031749) (the "4.125% 2024 Notes", and together with the 1.625% 2024 Notes, the "Notes" and each series of the Notes, a "Series") that, following the pricing of the New Notes to be issued by the Company, the Maximum Acceptance Amount in respect of the Solicitations is EUR 450,000,000."


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GRENKE FINANCE PLC ANNOUNCES THE TENDER OFFER - XS1956014531/XS2469031749

18 SEPTEMBER 2023


Full announcement including disclaimers and offer restrictions available via Luxse


"Baden-Baden, 18 September 2023 – GRENKE FINANCE PLC (the "Company") hereby announces solicitations to Noteholders of its outstanding EUR 300,000,000 1.625 per cent. Notes due 2024 (ISIN: XS1956014531) (the "April 2023 Notes") and EUR 150,000,000 4.125 per cent. Notes due 2024 (ISIN: XS2469031749) (the "October 2024 Notes", and together with the April 2024 Notes, the "Notes"), to tender their Notes for repurchase by the Company for cash up to the Maximum Acceptance Amount (each such solicitation, an "Solicitation", and together, the "Solicitations").


The Solicitations are being made on the terms and subject to the conditions set out in the tender offer memorandum dated 18 September 2023 (the "Tender Offer Memorandum").


Capitalized terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum"


Rationale for the Solicitations


By tendering for the Notes, the Company intends to proactively manage its liability structure. The Solicitations seek to provide liquidity to current holders of the Notes which are subject of such Solicitations.


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