Sarens Finance Company NV - Tender Offer - Results

Sarens Finance Company NV Announces the Results of its Offer to Purchase a Portion of its Outstanding €300,000,000 5.750% Senior Notes Due 2027 (ISIN: BE6318634548 / Common Code: 211187425) (the "Notes") for Cash

19 APRIL 2023

Full announcement including disclaimers and offer restrictions available via Sarens

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"Results of the Offer

The Final Acceptance Amount, representing the final aggregate principal amount of Notes accepted for purchase by the Offeror pursuant to the Offer, is €40,710,000. The results of the Offer are as follows:

On or prior to the Settlement Date, the Offeror will accept for purchase Notes validly tendered in the Offer subject to pro rata scaling at a Scaling Factor of 16.623 per cent for the Notes offered at the highest price accepted by the Offeror, as further described in the Tender Offer Memorandum.

The Settlement Date for the Offer is expected to be April 24, 2023. Notes accepted for purchase by the Offeror pursuant to the Offer may be cancelled. "

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Sarens Finance Company NV announces its offer to purchase a portion of its outstanding €300,000,000 5.750% Senior Notes due 2027 (ISIN: BE6318634548 / Common Code: 211187425) (the "Notes") for cash

12 APRIL 2023

Full announcement including disclaimers and offer restrictions available via Sarens

April 12, 2023. Sarens Finance Company NV (the "Offeror") hereby announces an invitation to the Eligible Holders (as defined below) of its outstanding Notes for cash at prices to be determined pursuant to an Unmodified Dutch Auction Procedure (as defined below) up to the Maximum Acceptance Amount (as defined below) of €30,000,000 in aggregate principal amount of Notes (the "Offer"), on the terms and subject to the conditions set out in the tender offer memorandum dated April 12, 2023 (the "Tender Offer Memorandum") prepared in connection with the Offer.

Copies of the Tender Offer Memorandum are (subject to the "Offer and Distribution Restrictions") available from the Tender Agent as set out below. Capitalized terms used in this announcement but not otherwise defined have the meanings given to them in the Tender Offer Memorandum.

Rationale for the Offer

The purpose of the Offer is for the Offeror to optimize its cash management while reducing its gross debt position and overall interest expense.

Summary of the Offer