General Announcement::Expiration and Final Results of Previously Announced Exchange Offers and Solicitations of Consents

Issuer & Securities

Issuer/ Manager
AZUL SECURED FINANCE LLP
Securities
AZULSECUS$294.215M11.5%290528A - US05501WAA09 - NGLB
AZULSECUS$294.215M11.5%290528R - USU0551YAA39 - V2HB
AZULSECUS$568.2M10.875%300528A - US05501WAB81 - GDXB
AZULSECUS$568.2M10.875%300528R - USU0551YAB12 - XGGB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
23-Jan-2025 06:43:32
Status
New
Announcement Sub Title
Expiration and Final Results of Previously Announced Exchange Offers and Solicitations of Consents
Announcement Reference
SG250123OTHRUGK8
Submitted By (Co./ Ind. Name)
Azul Secured Finance LLP
Designation
Thais Haberli | Capital Markets Director
Effective Date and Time of the event
22/01/2025 09:00:00
Description (Please provide a detailed description of the event in the box below)
As of the Expiration Deadline, Morrow Sodali International LLC, trading as Sodali & Co, the information agent and exchange agent in connection with the Exchange Offers and the Solicitation advised Azul that (i) 98.02% of the total outstanding principal amount of the Existing 2029 Notes, (ii) 94.51% of the total outstanding principal amount of the Existing 2030 Notes, and (iii) 95.55% of the total outstanding principal amount of both series of Existing Notes (taken together), had been validly tendered for exchange and not validly withdrawn. Therefore, the Minimum Exchange Condition (as defined below) for consummation of each of the Exchange Offers has been satisfied.

Attachments

Azul_2029 2030 Notes Exchange Offer_Expiration Press Release.pdf
Total size =64K