ADECOAGRO S.A. ANNOUNCES EXPIRATION AND RESULTS OF ITS ANY AND ALL CASH TENDER OFFER FOR ITS 2027 NOTES
The Notes are fully, unconditionally, and irrevocably guaranteed by
The Tender Offer was made upon the terms and subject to the conditions set forth in the offer to purchase dated July 18, 2025 (the "Offer to Purchase").
As of 5:00 pm (New York City time) today (the "Expiration Date") according to information received from
The following table sets forth certain information relating to the Tender Offer, including the principal amount of Notes validly tendered, not validly withdrawn and accepted for purchase prior to the Expiration Date:
|
Title of Security |
Principal Amount |
Principal Amount |
Principal Amount |
Total Consideration(1) |
|
6.000% Notes due 2027 |
|
|
|
|
|
__________________ |
|
|
(1) |
The amount to be paid per |
The deadline for holders of Notes to validly tender their Notes in the Tender Offer was the Expiration Date. Notes tendered pursuant to the Guaranteed Delivery Procedures (as defined in the Offer to Purchase) must be delivered by the Guaranteed Delivery Expiration Date (as defined in the Offer to Purchase). Accordingly, Notes that have been validly tendered and not validly withdrawn may no longer be withdrawn, except as required by applicable law.
Holders who validly tendered and did not validly withdraw their Notes on or prior to the Expiration Date or the Guaranteed Delivery Expiration Date, as applicable, will be eligible to receive the total consideration of US$1,000.00 per US$1,000.00 principal amount of Notes tendered and accepted for purchase (the "Consideration").
The settlement date of the Tender Offer is expected to occur within three business days following the Expiration Date, on July 29, 2025, or as promptly as practicable thereafter (the "Settlement Date").
The Consideration will be paid together with accrued and unpaid interest on the Notes from the last interest payment date preceding the Settlement Date to, but not including such Settlement Date ("Accrued Interest"). All Notes accepted for purchase in the Tender Offer will cease to accrue interest on the Settlement Date, unless
Our obligation to purchase Notes in the Tender Offer is subject to the satisfaction or waiver of a number of conditions described in the Offer Documents, including the receipt of proceeds from a new notes (the "New Notes") offering, denominated in
We intend to use all or a portion of the proceeds from the New Notes offering to pay the Consideration, Accrued Interest and costs and expenses in connection with the Tender Offer to all Holders of Notes accepted for purchase pursuant to the Tender Offer. We reserve the right, at our sole discretion, to use any remaining proceeds to redeem or purchase any of the Notes that remain outstanding after the Expiration Date. Such purchases may occur through open market purchases, privately negotiated transactions, tender offers, exchange offers or otherwise, upon such terms and at such prices as we may determine, which may be higher or lower than the prices to be paid pursuant to the Tender Offer.
This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell any securities. The Tender Offer is being made solely by means of the Offer to Purchase and the corresponding Notice of Guaranteed Delivery. The Tender Offer is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In those jurisdictions where the securities, blue sky or other laws require any tender offer to be made by a licensed broker or dealer, the Tender Offer will be deemed to be made on behalf of
About
Cautionary Statement on Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements are information of a non-historical nature or that relate to future events and are subject to risks and uncertainties. No assurance can be given that the transactions described in this press release will be consummated or as to the ultimate terms of any such transactions. Neither
For further information, please contact:
IR Officer
Email: ir@adecoagro.com
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