El Puerto De Liverpool, S.A.B. De C.V. Announces Cash Tender Offer for Its 3.875% Senior Notes Due 2026
September 07, 2021 at 10:15 am EDT
Share
El Puerto de Liverpool, S.A.B. de C.V. announced that it commenced a tender offer to purchase for cash up to a maximum aggregate principal amount of the 3.875% Senior Notes due 2026 (CUSIP Nos. 283837AB8 /P3691NBF6; ISIN Nos. US283837AB81 /USP3691NBF61) (the "Notes") issued by the Company not to exceed U.S.D 250 million (the "Maximum Amount") for such Notes (the "Offer"), upon the terms and subject to the conditions set forth in the offer to purchase dated September 7, 2021 (the "Offer to Purchase"). Holders who validly tender their Notes on or prior to 5:00 p.m. (New York City time) on September 20, 2021 (the "Early Tender Date") and do not validly withdraw their Notes on or prior to 5:00 p.m. (New York City time) on September 20, 2021 (the "Withdrawal Date") will be eligible to receive the Total Consideration of U.S.D 1,091.00 per U.S.D 1,000 per principal amount of Notes tendered. The Total Consideration includes an Early Tender Premium of U.S.D 30.00 per U.S.D 1,000 principal amount of Notes. Holders who validly tender their Notes after the Early Tender Date but on or prior to 11:59 p.m. (New York City time) on October 4, 2021 (the "Expiration Date") will be eligible to receive the Tender Consideration of U.S.D 1,061.00 per U.S.D 1,000 per principal amount of Notes tendered.
El Puerto de Liverpool SAB de CV is a Mexico-based company primarily engaged in the retail sector. The Companyâs activities are structured into two business segments: Commercial and Real Estate. The Commercial division focuses on the retail sales of merchandise in department and duty free stores. Its brand names of store formats includes Liverpool and Fabricas de Francia. The Real Estate division is responsible for the management, operation and lease of commercial space in shopping centers. Through a non-bank credit card, the Company also offers consumer loans and sales financing services. The Company has operations established in various Mexican states. The Company's subsidiaries include Operadora Liverpool SA de CV, Servicios Liverpool SA de CV and Bodegas Liverpool SA de CV, among others.
EL PUERTO DE LIVERPOOL, S.A.B. DE C.V. 
