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PostNL N.V. - Tender Offer - Results

POSTNL N.V. ANNOUNCES THE FINAL RESULTS OF THE TENDER OFFER FOR ITS OUTSTANDING €400,000,000 1.000 PER CENT. FIXED RATE NOTES DUE 21 NOVEMBER 2024 (ISIN: XS1709433509)


14 NOVEMBER 2023


Full announcement including disclaimers and offer restrictions available via Source: PostNL N.V.


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"The Offer was launched by the Offeror on 6 November 2023. The Expiration Deadline for the Offer was on 13 November 2023 at 5:00 p.m. (CET). The pricing of the Offer took place at or around 11:00 a.m. CET today.


The Offeror hereby announces that it will accept for purchase in accordance with the terms and subject to the conditions set out in the Tender Offer Memorandum, and at the Purchase Price, all Notes validly tendered pursuant to the Offer without scaling in an aggregate nominal amount equal to the Final Acceptance Amount set out in the table below. The Offeror further announces (i) the Interpolated Mid-Swap Rate, the Purchase Yield and the Purchase Price, (ii) the Final Acceptance Amount, (iii) the Scaling Factor, and (iv) the nominal amount of Notes that will remain outstanding after the Settlement Date."



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POSTNL N.V. ANNOUNCES INDICATIVE RESULTS OF TENDER OFFER FOR ITS OUTSTANDING €400,000,000 1.00 PER CENT. FIXED RATE NOTES DUE 21 NOVEMBER 2024 (ISIN: XS1709433509)


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"The Offer was launched by the Offeror on 6 November 2023. The Expiration Deadline for the Offer was on 13 November 2023 at 5:00 p.m. (CET). As at the Expiration Deadline of the Offer, €47,032,000 in aggregate nominal amount of the Notes had been validly tendered pursuant to the Offer.


The Offeror hereby announces, on a non-binding and indicative basis only, that it will accept for purchase in accordance with the terms and subject to the conditions set out in the Tender Offer Memorandum, all Notes validly tendered pursuant to the Offer without scaling in an aggregate nominal amount of €47,032,000, being the Indicative Final Acceptance Amount."



Until the Offeror announces the Final Acceptance Amount, no assurance can be given that any Notes validly tendered pursuant to the Offer will be accepted. The acceptance for purchase by the Offeror of Notes validly tendered pursuant to the Offer is at the sole and absolute discretion of the Offeror and tenders may be rejected by the Offeror for any reason in its sole and absolute discretion."


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POSTNL N.V. ANNOUNCES A TENDER OFFER FOR ITS OUTSTANDING €400,000,000 1.000 PER CENT. FIXED RATE NOTES DUE 21 NOVEMBER 2024 (ISIN: XS1709433509)

06 NOVEMBER 2023


Full announcement including disclaimers and offer restrictions available via Source: PostNL N.V.


"PostNL N.V. (the "Offeror") has today launched its invitation to holders of its outstanding €400,000,000 1.000 per cent. fixed rate Notes due 21 November 2024 (ISIN: XS1709433509) (the "Notes") to tender such Notes for purchase by the Offeror for cash up to the Maximum Acceptance Amount (as defined below) (such invitation, the "Offer"). The Offer is being made subject to applicable law and regulation, on the terms and subject to the conditions and the offer and distribution restrictions described in the tender offer memorandum dated 6 November 2023 (the "Tender Offer Memorandum"). The full launch announcement in respect of the Offer is available on the website of the Offeror at: https://www.postnl.nl/en/about-postnl/investors/bonds/.


Copies of the Tender Offer Memorandum are (subject to applicable law and regulation and the offer and distribution restrictions) available from Kroll Issuer Services Limited (the "Tender Agent"). Capitalised terms used and not otherwise defined in this announcement have the meanings given to them in the Tender Offer Memorandum.


Summary of the Offer


Rationale for the Offer


The purpose of the Offer is to proactively manage the Offeror's balance sheet. Furthermore, the Offer will provide liquidity to those holders whose Notes are accepted in the Offer. The Offeror intends to cancel the Notes purchased by it pursuant to the Offer and such Notes will therefore not be re-issued or re-sold."


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