top of page

Neste Corporation - Tender Offer - Results

Neste announces final tender offer results


14 MARCH 2023


Full announcement including disclaimers and offer restrictions available via Neste


"Neste Corporation (the “Company”) announces today the final results of the invitation to the holders of its EUR 400,000,000 1.50 per cent. notes due June 2024 (ISIN: FI4000261201) (the “Notes”) to tender their Notes for cash on the terms and conditions set out in the tender offer memorandum dated 6 March 2023 (the “Tender Offer Memorandum”) (the “Tender Offer”). Capitalised terms used in this release but not defined have the meanings given to them in the Tender Offer Memorandum.


At the Expiration Deadline of 4:00 p.m. (Finnish time) on 13 March 2023, valid Tender Instructions of EUR 198,800,000 in aggregate nominal amount of Notes were received pursuant to the Tender Offer.

The Company announces that (subject to satisfaction or waiver of the New Issue Condition on or prior to the Settlement Date) it will accept for purchase EUR 198,800,000 in aggregate nominal amount of the Notes (the “Final Acceptance Amount”) pursuant to the Tender Offer.


Accordingly, pursuant to the terms and conditions of the Tender Offer Memorandum, all valid tenders will be accepted in full with no proration of Notes.


The results of the Tender Offer are as follows:"



 

Neste Corporation Announces Tender Offer of its Outstanding Notes Maturing in June 2024 and Considers Issuance of New Notes


06 MARCH 2023


Full announcement including disclaimers and offer restrictions available via Neste

Neste Corporation (the “Company”) announces today that it invites the holders of the EUR 400,000,000 1.50 per cent. notes due June 2024 (ISIN: FI4000261201) (the “Notes”), issued by the Company, to tender their Notes for cash on the terms and conditions set out in the tender offer memorandum dated 6 March 2023 (the “Tender Offer Memorandum”) (the “Tender Offer”). The Company also announces its intention to issue new euro-denominated fixed rate notes (the “New Notes”).

Capitalised terms not otherwise defined in this announcement have the same meaning as assigned to them in the Tender Offer Memorandum. Noteholders are advised to read carefully the Tender Offer Memorandum for full details of, and information on the procedures for participating in, the Tender Offer."




Tags:

1 view0 comments

Comentarios


bottom of page