Muthoot Finance Limited - Tender Offer - Results

Muthoot Finance Limited announces the Tender Offer Results as at the Early Tender Deadline with respect to the Tender Offer for its U.S.$550,000,000 4.40% Senior Secured Notes due 2023.

11 APRIL 2023

Full announcement including disclaimers and offer restrictions available via researchtree

• Muthoot Finance Limited announced the Tender Offer Results for its U.S. $550,000,000 4.40% Senior Secured Notes due 2023.

• The Early Tender Deadline occurred at 5:00 P.M., New York City time, on April 10, 2023.

• The aggregate principal amount of the Notes validly tendered at or prior to the Early Tender Deadline had exceeded the Maximum Purchase Amount.

• A Scaling Factor of approximately 69.58% will be applied in respect of valid tenders of the Notes validly tendered at or prior to the Early Tender Deadline.

• The Company elected to accept for purchase U.S.$ 225,000,000 in aggregate principal amount of the Notes that have been validly tendered and not validly revoked at or prior to the Early Tender Deadline.

• The settlement date for the Notes which were accepted for purchase is expected to be on April 13, 2023.

• In addition to the Early Tender Offer Consideration, Holders will also receive accrued and unpaid interest and additional amounts in cash.

• The Company will arrange for cancelation of all such Notes validly tendered and not validly revoked at or prior to the Early Tender Deadline and accepted for purchase following purchase by the Company.

• The Expiration Time of the Tender Offer will be at or before 5:00 P.M., New York City time, on April 25, 2023.

• The Final Payment Date is expected to be on or before April 27, 2023.

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Muthoot Finance Limited announces the commencement of the Tender Offer for its U.S.$550,000,000 4.40% Senior Secured Notes due 2023

28 MARCH 2023

Full announcement including disclaimers and offer restrictions available via researchtree

• Muthoot Finance Limited announces the commencement of the Tender Offer for its U.S. $550,000,000 4.40% Senior Secured Notes due 2023.

• The Tender Offer is for cash up to the Maximum Purchase Amount and subject to the conditions described in the Tender Offer Memorandum.

• The total consideration for each U.S. $1,000 principal amount of Notes purchased will be either U.S.$ 1,000 per U.S. $1,000 principal amount of Notes (the “Early Tender Offer Consideration”) or U.S.$ 980 per U.S. $1,000 principal amount of Notes (the “Tender Offer Consideration”).

• The Company will pay accrued and unpaid interest and additional amounts in cash in respect of any Notes purchased in the Tender Offer.

• The Tender Offer is being made as part of the Company’s continuing capital management programme and to further proactively optimize its liability structure.

• D.F. King Ltd. is acting as the information and tender agent for the Tender Offer.

• Deutsche Bank AG, Singapore Branch is acting as the dealer manager for the Tender Offer.