General Announcement::TRAFIGURA GROUP PTE. LTD. ANNOUNCES THE RESULTS OF THE TENDER OFFER

Issuer & Securities

Issuer/ Manager
TRAFIGURA GROUP PTE. LTD.
Securities
TRAFIGURA USD600M6.875% PERSEC - XS1582433428 - 6I1B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
23-Sep-2021 17:10:49
Status
New
Announcement Sub Title
TRAFIGURA GROUP PTE. LTD. ANNOUNCES THE RESULTS OF THE TENDER OFFER
Announcement Reference
SG210923OTHRZ6KY
Submitted By (Co./ Ind. Name)
Marie Favennec
Designation
Corporate Finance Officer
Effective Date and Time of the event
23/09/2021 11:08:00
Description (Please provide a detailed description of the event in the box below)
On 13 September 2021, Trafigura Group Pte. Ltd. (the "Offeror") launched an invitation to holders of its outstanding USD 800,000,000 in aggregate principal amount of Perpetual Resettable Step-Up Subordinated Securities bearing ISIN: XS1582433428 (the "Securities"), to tender such Securities for purchase by the Offeror for cash (the "Tender Offer"). On 17 September 2021, the Offeror further announced that the Maximum Acceptance Amount had been set at USD 400,000,000. The Tender Offer was made on the terms and subject to the conditions contained in the tender offer memorandum dated 13 September 2021 (the "Tender Offer Memorandum") and is subject to the tender offer and distribution restrictions more fully described in the Tender Offer Memorandum. Capitalised terms used and not otherwise defined in this announcement have the meanings given in the Tender Offer Memorandum
The Offeror today announces that it will (subject to the satisfaction or waiver of the New Financing Condition) accept validly tendered Securities pursuant to the Tender Offer for purchase for cash in an aggregate principal amount of USD 320,821,000, of which (i) USD 166,092,000 in aggregate principal amount of Securities will be accepted for purchase from Priority Qualifying Holders, and (ii) USD 154,729,000 in aggregate principal amount of Securities will be accepted for purchase from Non-Priority Qualifying Holders.

Attachments

2021 08 23_Chateau - Results Announcement.pdf
Total size =18K