General Announcement::Commencement of Tender Offers

Issuer & Securities

Issuer/ Manager
SMC GLOBALPOWER HOLDINGS CORP.
Securities
SMC GLOBALUS$500M6.5%PERCAPSEC - XS1896598908 - KQUB
SMCGLOBALUS$600M5.7%PERCAPSEC - XS2098881654 - 9HXB
SMCGLOBALUS$500M5.95%PERCAPSEC - XS2072777381 - VXVB
SMC GLOBAL US$400M7%PERCAPSEC - XS2239056174 - FJRB
SMCGLOBALUS$600M5.45%PERCAPSEC - XS2346954873 - YE9B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
26-Oct-2022 08:23:15
Status
New
Announcement Sub Title
Commencement of Tender Offers
Announcement Reference
SG221026OTHR4FQU
Submitted By (Co./ Ind. Name)
Latham & Watkins LLP
Designation
Latham & Watkins LLP
Description (Please provide a detailed description of the event in the box below)
SMC Global Power Holdings Corp. (the "Offeror") today announces its tender offers (the "Tender Offers") to holders of its US$800,000,000 6.50% Senior Perpetual Capital Securities issued on 25 April 2019, US$500,000,000 5.95% Senior Perpetual Capital Securities issued on 5 November 2019, US$600,000,000 5.70% Senior Perpetual Capital Securities issued on 21 January 2020, US$750,000,000 7.00% Senior Perpetual Capital Securities issued 21 October 2020 and US$750,000,000 5.45% Senior Perpetual Capital Securities issued 9 June 2021 (collectively, the "Securities") to tender for purchase by the Offeror for cash such Securities up to a total aggregate principal amount of up to US$400,000,000 (the "Maximum Acceptance Amount"). The Tender Offers are being made on the terms and subject to the conditions and the offer and distribution restrictions set out in the tender offer memorandum dated 26 October 2022 (the "Tender Offer Memorandum"). Capitalised terms used and not otherwise defined in this announcement have the meanings given to them in the Tender Offer Memorandum.

Please refer to the attachment for more information.

Attachments

SMCGP - SGX Announcement - Tender Offer Launch 2022_10_26.pdf
Total size =193K