NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN
This announcement and the Tender Offer Memorandum do not constitute an invitation to participate in the Offer (as defined below) in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law.
Ørsted A/S hereby invites holders of its:
·EUR 700,000,000 6.25%
to tender Securities for purchase by Ørsted A/S for a targeted aggregate purchase amount of up to nominal
Ørsted A/S will pay (for Securities accepted by it for purchase pursuant to the Offer) a Purchase Price calculated with reference to Purchase Yield at
The Purchase Price will be confirmed as soon as reasonably practical on the Pricing Date. Ørsted A/S will also pay Accrued Interest in respect of Securities accepted for purchase pursuant to the relevant Offer.
Together with Ørsted’s New Hybrid Issue, the purpose of the Offer is to partly refinance the Securities and increase Ørsted’s total amount of outstanding hybrid capital. Securities purchased by Ørsted A/S pursuant to the Offer will be cancelled and will not be re-issued or re-sold. Securities which have not been validly offered and accepted for purchase pursuant to the Offer will remain outstanding
The Offer commence today,
Further details about the Offer is found in the Tender Offer Memorandum available via the Tender Agent (
The information in this announcement does not change Ørsted’s financial guidance for the financial year 2021 or the announced expected investment level for 2021.
Further information
Media Relations
+45 99 55 77 65
cabkj@orsted.dk
Investor Relations
Allan Bødskov Andersen
+45 99 55 79 96
Offer and Distribution Restrictions
Neither this announcement, the Tender Offer Memorandum nor the electronic transmission thereof constitutes an offer to buy or the solicitation of an offer to sell Securities (and tenders of Securities for purchase pursuant to the Offer will not be accepted from Holders (as defined in the Tender Offer Memorandum)) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require an Offer to be made by a licensed broker or dealer and any of the Dealer Managers (as defined in the Tender Offer Memorandum) or any of their respective affiliates is such a licensed broker or dealer in any such jurisdiction, such Offer shall be deemed to be made by such Dealer Manager or such affiliate, as the case may be, on behalf of Ørsted A/S in such jurisdiction.
The Tender Offer Memorandum contains certain offer and distribution restrictions with which any Holders must ensure compliance.
The Ørsted vision is a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks as the world’s most sustainable energy company in
Attachment
- Tender Offer for
Hybrid Securities
© OMX, source