Guacolda Energia SpA - Tender Offer - Results

Guacolda Energía SpA announces early results for its tender offer to purchase for cash up to U.S.$80,000,000 Aggregate Maximum Purchase Price of its 4.560% senior notes due 2025

27 MARCH 2023

Full announcement available via prnewswire

"SANTIAGO, Chile, March 27, 2023 /PRNewswire/ -- Guacolda Energía SpA (f/k/a Empresa Eléctrica Guacolda S.A., the "Company") announces today the expiration of the early tender period, at 5:00 p.m., New York City time, on March 24, 2023 (the "Original Early Tender Time"), of its previously announced tender offer to purchase for cash (the "Tender Offer") its 4.560% Senior Notes due 2025 (CUSIP Nos. 29244U AF5 / P3711H AF6; ISINs US29244UAF57 / USP3711HAF66) (the "Notes"). In addition, the Company announces that it has extended the Early Tender Time (except for the purpose of proration as described below) through March 31, 2023, so the deadline for Holders that tender their Notes to receive the "Total Consideration" of U.S.$450.00, which includes an "Early Tender Premium" of U.S.$50.00, per U.S.$1,000 principal amount of Notes will now be at 5:00 p.m., New York City time, on March 31, 2023 (the "Amended Early Tender Time"). The terms and conditions of the Tender Offer are described in the offer to purchase, dated March 13, 2023 (as it may be amended or supplemented hereby and from time to time, the "Offer to Purchase"). Terms used in this announcement and not otherwise defined have the meanings assigned to them in the Offer to Purchase.

On March 13, 2023, the Company commenced the Tender Offer for an aggregate purchase price up to U.S.$80,000,000, excluding Accrued Interest (as defined below) and any additional amounts as set forth in the Offer to Purchase (such purchase price, subject to increase by the Company, the "Aggregate Maximum Purchase Price").

According to information received from D.F. King & Co., Inc. ("D.F. King"), the Tender and Information Agent for the Tender Offer, as of 5:00 p.m., New York City time, on March 24, 2023, the Company had received valid tenders of Notes representing an aggregate principal amount equal to U.S.$129,282,000. Since the Total Consideration payable to Holders who validly Notes prior to the Original Early Tender Time will not exceed the Aggregate Maximum Purchase Price, the Notes validly tendered by such Holders will not be subject to proration pursuant to the terms of the Offer To Purchase, in the event such Note are accepted for purchase upon satisfaction or waiver of the conditions to the Tender Offer. If proration of the Notes validly tendered after the Original Early Tender Time is required, the Company will determine the final proration factor as soon as practicable after the Expiration Date; provided that Notes tendered before the Amended Early Tender Time will be accepted for purchase in priority to other Notes tendered after the Amended Early Tender Time."

---

GUACOLDA ENERGÍA SpA announces the commencement of tender offer to purchase for cash up to U.S.$80,000,000 Aggregate Maximum Purchase Price of its 4.560% senior notes due 2025

14 MARCH 2023

Full announcement available via LUXSE

SANTIAGO, CHILE, March 13, 2023 – Guacolda Energía SpA (f/k/a Empresa Eléctrica Guacolda S.A., the “Company”) announced today that it has commenced a tender offer to purchase for cash (the “Tender Offer”) its 4.560% Senior Notes due 2025 (CUSIP Nos. 29244U AF5 / P3711H AF6; ISINs US29244UAF57 / USP3711HAF66) (the “Notes”) for an aggregate purchase price up to U.S.$80,000,000, excluding Accrued Interest (as defined below) and any additional amounts as set forth in the Offer to Purchase (as defined below) (such purchase price, subject to increase by the Company, the “Aggregate Maximum Purchase Price”), upon the terms and subject to the conditions described in the offer to purchase dated March 13, 2023 (as it may be amended or supplemented from time to time, the “Offer to Purchase”). Terms used in this announcement and not otherwise defined have the meanings assigned to them in the Offer to Purchase.

The following table sets forth certain terms of the Tender Offer: