Elis announces the launch of a tap issue of €200 million Senior Notes due 2028 and a tender offer on Senior Notes due 2023
Saint-Cloud, September 13, 2021 – Elis (the “Company”) announces today the launch of a €200 million tap issue of 1.625% Notes due 2028 (the “New Notes”) under its EMTN Programme (Euro Medium Term Notes), to be assimilated and form a single series with the existing €350,000,000 1.625% Notes due 2028 issued on
The Tender Offer is subject to the successful completion of the issuance of the New Notes and includes a priority allocation mechanism for holders of the 2023 Notes expressing their firm intention tender their notes and to subscribe for the New Notes. The maximum amount accepted for the Tender Offer will be announced by the Company as soon as reasonably practicable after the pricing of the New Notes and is expected to be at least equal to the aggregate principal amount of the New Notes.
The Tender Offer will expire on
The purpose of the Tender Offer and issuance of the New Notes is to proactively manage the Company’s debt profile and to extend its average maturity.
This announcement is not an offer to sell or a solicitation of an offer to buy the securities mentioned herein in any jurisdiction where such offer or sale would be unlawful. In particular, this announcement should not be published, distributed or released in
Securities may not be offered or sold within
Contact
Investor Relations Director – Phone: +33 1 75 49 98 30 - nicolas.buron@elis.com
Attachment
- Elis - EMTN - Issuance and tender -
September 2021 - Press release
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