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Movida Europe S.A. - Tender Offer - Results

MOVIDA EUROPE S.A. ANNOUNCES EARLY TENDER RESULTS OF CASH TENDER OFFER FOR UP TO US$375.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.250% SENIOR SUSTAINABILITY-LINKED NOTES DUE 2031


01 JUNE 2023


Full announcement including disclaimers and offer restrictions available via prnewswire


"SÃO PAULO, June 1, 2023 /PRNewswire/ -- Movida Europe S.A. (the "Issuer"), a wholly-owned finance subsidiary of Movida Participações S.A. ("Movida"), announces the early tender results of its previously announced cash tender offer (the "Tender Offer") for up to US$375.0 million in aggregate principal amount (subject to increase or decrease by the Issuer, in its sole discretion, the "Maximum Tender Amount") of its 5.250% senior sustainability-linked notes due 2031 (the "Notes"). The Notes are fully, unconditionally and irrevocably guaranteed by Movida and Movida Locação de Veículos S.A. (together with Movida, the "Guarantors").


The Tender Offer is being made upon the terms and subject to the conditions set forth in an offer to purchase, dated May 17, 2023 (the "Offer to Purchase"), as amended by this press release. Any capitalized term used but not defined in this press release has the respective meaning set forth in the Offer to Purchase.


The following table sets forth the material pricing terms of the Tender Offer:"



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MOVIDA EUROPE S.A. COMMENCES CASH TENDER OFFER FOR UP TO US$375.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.250% SENIOR SUSTAINABILITY-LINKED NOTES DUE 2031


18 MAY 2023


Full announcement including disclaimers and offer restrictions available via prnewswire


"SÃO PAULO, May 17, 2023 /PRNewswire/ -- Movida Europe S.A. (the "Issuer"), a wholly-owned finance subsidiary of Movida Participações S.A. ("Movida"), announces that it has commenced a cash tender offer (the "Tender Offer") for up to US$375.0 million in aggregate principal amount (subject to increase or decrease by the Issuer, in its sole discretion, the "Maximum Tender Amount") of its 5.250% senior sustainability-linked notes due 2031 (the "Notes"). The Notes are fully, unconditionally and irrevocably guaranteed by Movida and Movida Locação de Veículos S.A. (together with Movida, the "Guarantors").


The Tender Offer is being made upon the terms and subject to the conditions set forth in an offer to purchase, dated May 17, 2023 (the "Offer to Purchase"). Any capitalized term used but not defined in this press release has the respective meaning set forth in the Offer to Purchase.


The following table sets forth the material pricing terms of the Tender Offer:"


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