Muthoot Finance Limited - Tender Offer - Final Results

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

26 APRIL 2023

Full announcement including disclaimers and offer restrictions available via investegate

"As U.S.$225,000,000 of the Notes, representing the Maximum Purchase Amount, has already been accepted for purchase by the Company on the early payment date on April 13, 2023 , the Company hereby announces that it will not be accepting for purchase all of the Notes validly tendered at or prior to the Expiration Time but after 5:00 P.M., New York City time, on April 10, 2023 (such time and date, the "Early Tender Deadline") (the "Tendered Notes"). Accordingly, any Tendered Notes will be returned to the Holders and will not be cancelled, and the Company will not pay the Tender Offer Consideration for the Tendered Notes on the final payment date. Any Notes not accepted for purchase by the Company or not validly tendered will remain outstanding and accrue interest in accordance with their terms.

As of April 26, 2023, the Tender Offer has been consummated. The Company paid a total of U.S.$ 226,127,500 in connection with the Tender Offer, which comprised of (i) the Early Tender Offer Consideration (as defined in the Tender Offer Memorandum) in the amount of U.S.$1,000 per U.S.$1,000 principal amount of the Notes, and (ii) accrued and unpaid interest and additional amounts, in cash, with respect to U.S.$225,000,000 in aggregate principal amount of the Notes validly tendered at or prior to the Early Tender Deadline and accepted for purchase by the Company on April 13, 2023. As of April 26, 2023, the aggregate principal amount of Notes that remains outstanding is U.S.$325,000,000 ."

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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.