Latest news with #TenderOfferMemorandum
Yahoo
27-05-2025
- Business
- Yahoo
Results Announcement
27 May 2025. The Republic of Iceland (the "Offeror") announces today the results of its invitation to holders of its €500,000,000 0.625 per cent. Notes due 3 June 2026 (ISIN: XS2182399274) (of which €500,000,000 in aggregate nominal amount is outstanding as at the date hereof) (the "Notes") to tender their Notes for purchase by the Offeror for cash (such invitation, the "Offer"). The Offer was announced on 19 May 2025 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 19 May 2025 (the "Tender Offer Memorandum") prepared by the Offeror in connection with the Offer. Capitalised terms used in this announcement but not defined have the meaning given to them in the Tender Offer Memorandum. The Expiration Deadline for the Offer was 5.00 p.m. (CEST) on 23 May 2025. The Offeror announces today that it has decided to accept all Notes validly tendered pursuant to the Offer and, accordingly, it will accept for purchase €203,709,000 in aggregate nominal amount of the Notes pursuant to the Offer. A summary of the final results of the Offer appears below: Description of the Notes ISIN / Common Code Aggregate nominal amount of Notes validly tendered and accepted for purchase 1 Year Euro Mid-Swap Rate Fixed Spread Amount Purchase Price €500,000,000 0.625 per cent. Notes due 3 June 2026 XS2182399274/ 218239927 €203,709,000 1.967 per cent. -15 basis points 98.810 per cent. The Purchase Price the Offeror will pay for those Notes accepted for purchase pursuant to the Offer is 98.810 per cent. of their nominal amount. The Offeror will also pay an Accrued Interest Payment in respect of such Notes. The Tender Offer Settlement Date is expected to be 28 May 2025. Following settlement of the Offer, €296,291,000 in aggregate nominal amount of the Notes will remain outstanding. THE DEALER MANAGERS Barclays Bank Ireland PLC One Molesworth Street Dublin 2 D02 RF29 Ireland Attention: Liability Management GroupEmail: Citigroup Global Markets Europe AG Börsenplatz 9 60313 Frankfurt am Main GermanyAttention: Liability Management Group Telephone: +44 20 7986 8969Email: J.P. Morgan SE Taunustor 1 (TaunusTurm) 60310 Frankfurt am Main GermanyTelephone: +44 20 7134 2468Attention: EMEA Liability Management GroupEmail: liability_management_emea@ DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions. Attachment Republic of Iceland - May 2025 - Results AnnouncementSign in to access your portfolio
Yahoo
03-04-2025
- Business
- Yahoo
URW announces the successful results of the tender offer on its NC2028 Hybrid Notes
Paris, April 3, 2025 Press release URW announces the successful results of the tender offer on its NC2028 Hybrid Notes UNIBAIL-RODAMCO-WESTFIELD SE ('URW' or the 'Group') announces the results of the tender offer that was launched on March 26, 2025 and expired on April 2, 2025 at 4:00 p.m. (Paris time). €939.2 Mn of the aggregate principal amount of the €995 Mn 7.250% Hybrid Perp-NC 2028 notes ('NC2028 Hybrid Notes') have been validly tendered, corresponding to a 94.4% participation line with the Terms and Conditions of the Tender Offer Memorandum, the Group confirms it will accept all validly tendered NC2028 Hybrid Notes for purchase and will proceed with the exercise of its 'minimal outstanding amount call option' on the remaining NC2028 Hybrid Notes not tendered. Consequently, the Group will not accept for purchase any of the €750 Mn 2.875% Perp-NC 2026 notes validly tendered. The tender offer will be funded from the net proceeds of the €815 Mn 4.875% Perp-NC 5.5 Notes priced on March 26, 2025 and from available cash. The settlement of the tender will take place on the April 7, 2025. Thanks to this successful operation, the Group improves the average coupon of its hybrid portfolio, reduces its hybrid stack while extending the average period to the first reset date of its hybrid notes. For more information, please contact: Investor Relations Meriem Delfi +33 7 63 45 59 77 Juliette Aulagnon+33 6 15 74 20 Imane Rafiky+33 6 10 95 86 Media Relations UK/Global:Cornelia Schnepf – FinElk+44 7387 108 France:Etienne Dubanchet – PLEAD +33 6 62 70 09 About Unibail-Rodamco-Westfield Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States. The Group operates 67 shopping centres in 11 countries, including 39 which carry the iconic Westfield brand. These centres attract over 900 million visits annually and provide a unique platform for retailers and brands to connect with consumers. URW also has a portfolio of high-quality offices, 10 convention and exhibition venues in Paris, and a €3.5 Bn development pipeline of mainly mixed-use assets. Its €50 Bn portfolio is 87% in retail, 6% in offices, 5% in convention and exhibition venues, and 2% in services (as at December 31, 2024). URW is a committed partner to major cities on urban regeneration projects, through both mixed-use development and the retrofitting of buildings to industry-leading sustainability standards. These commitments are enhanced by the Group's Better Places plan, which strives to make a positive environmental, social and economic impact on the cities and communities where URW operates. URW's stapled shares are listed on Euronext Paris (Ticker: URW), with a secondary listing in Australia through Chess Depositary Interests. The Group benefits from a BBB+ rating from Standard & Poor's and from a Baa2 rating from Moody's. For more information, please visit Attachment URW announces the successful results of the tender offer on its NC2028 Hybrid NotesSign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
Ontex Group NV announces the results of its cash tender offer for its outstanding €580,000,000 3.500% senior notes due 2026
Not for release, publication or distribution in or into, or to any person located or resident in or at any address in, the United States of America or to any person located or resident in any other jurisdiction where it is unlawful to distribute this press release, the Results Announcement or the Tender Offer Memorandum (each as defined below) or to any persons to whom it is otherwise unlawful to send this press release, the Results Announcement or the Tender Offer Memorandum (See 'Offer and distribution restrictions' in the Tender Offer Memorandum). This press release relates to the disclosure of information that qualified or may have qualified as inside information within the meaning of article 7(1) of the Market Abuse Regulation (EU) 596/2014, as amended. Ontex Group NV announces the results of its cash tender offer for its outstanding €580,000,000 3.500% senior notes due 2026 Aalst, Belgium, April 1, 2025 – Ontex Group NV (the 'Issuer') announces the results of the previously announced invitation to holders of its outstanding 3.500% Senior Notes due 2026 (ISIN: BE6329443962/Common Code: 236126102) (the 'Notes'), to tender such Notes for purchase for cash (the 'Offer'). The Offer was made subject to satisfaction (or waiver) of the New Financing Condition and the General Conditions and other terms and conditions described in the Tender Offer Memorandum dated March 24, 2025 (the 'Tender Offer Memorandum') and was subject to the offer and distribution restrictions more fully described in the Tender Offer Memorandum. Capitalised terms used and not otherwise defined in this press release have the meanings given in the Tender Offer Memorandum. The Offer was launched by the Issuer on March 24, 2025 and expired at 17:00 CEST on March 31, 2025 (the 'Expiration Deadline'). At the Expiration Deadline, €283,095,000 aggregate principal amount of Notes had been validly tendered pursuant to the Offer. All Noteholders whose Notes have been validly tendered and accepted for purchase by the Issuer are eligible to receive the Purchase Price of 100.00% of the aggregate principal amount thereof (as set out in the Tender Offer Memorandum) and Accrued Interest Payment for the Notes. As a result of the above, the Final Acceptance Amount (as defined in the Tender Offer Memorandum) amounted to €283,095,000. Subject to the satisfaction or waiver of the New Financing Condition and/or the General Conditions, the Issuer expects to make payment for the Notes validly tendered and accepted for purchase on April 3, 2025 (the 'Settlement Date'). Such payment through the Clearing Systems will discharge the payment obligations of the Issuer in respect of payment of the Purchase Price and Accrued Interest. Under no circumstances will any interest be payable because of any delay in the transmission of funds to Noteholders by any of the Clearing Systems. Following cancellation of the Notes validly tendered and accepted for purchase, the aggregate principal amount of the Notes remaining outstanding on the Settlement Date under the Indenture will amount to €296,905,000. Notes which have not been validly offered and accepted for purchase pursuant to the Offer will remain outstanding after the Settlement Date and are subsequently expected to be redeemed in full at par on or about July 15, 2025, in accordance with the terms of the Indenture and, if applicable, the relevant Noteholders will be notified of such redemption in accordance with the terms of the Indenture. While the Issuer expects to redeem any such Notes on or about July 15, 2025, no representation is given that it will redeem such Notes in whole or in part on such date. Any questions or requests for assistance in connection with (i) the Offer, may be directed to Goldman Sachs Bank Europe SE and (ii) the tender of the Notes may be directed to the Tender Agent, the contact details for each of which are provided on the back cover of this press release. This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes. The Offer was made only pursuant to the Tender Offer Memorandum and the Launch Announcement in relation to the Offer (the 'Launch Announcement'), and the information in this press release is qualified by reference to the Tender Offer Memorandum and the Launch Announcement. For more information on the results of the Offer, reference is made to the results announcement which is available through the following link (the ''). This press release must be read in conjunction with the Results Announcement and the Tender Offer Memorandum. No offer or invitation to acquire or sell any securities is being made pursuant to this press release. Neither the Dealer Manager nor the Tender Agent take any responsibility for the contents of this press release. The distribution of this press release, the Results Announcement, the Tender Offer Memorandum and/or any other materials relating to the Offer in certain jurisdictions may be restricted by law. Persons into whose possession this press release, the Results Announcement and/or the Tender Offer Memorandum come(s) into are required by each of the Issuer, the Dealer Manager and the Tender Agent to inform themselves about, and to observe, any such restrictions. This press release may include forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms as "believe", "expect", "anticipate", "may", "assume", "plan", "intend", "will", "should", "estimate", "risk" and or, in each case, their negatives, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts and include statements regarding the Issuer's or any of its affiliates' intentions, beliefs or current expectations concerning, among other things, the Issuer's or any of its affiliates' results of operations, financial condition, liquidity, prospects, growth, strategies and the industries in which they operate. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Readers are cautioned that forward-looking statements are not guarantees of future performance and that the Issuer's or any of its affiliates' actual results of operations, financial condition and liquidity, and the development of the industries in which they operate may differ materially from those made in or suggested by the forward-looking statements contained in this press release. In addition, even if the Issuer's or any of its affiliates' results of operations, financial condition and liquidity, and the development of the industries in which they operate are consistent with the forward-looking statements contained in this press release, those results or developments may not be indicative of results or developments in subsequent periods. The forward-looking statements and information contained in this press release are made as of the date hereof and the Issuer undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The IssuerOntex Group NV Korte Keppestraat 219320 Erembodegem (Aalst)Belgium Dealer ManagerGoldman Sachs Bank Europe SEMarienturm, Taunusanlage 9-10D-60329 Frankfurt am Main,GermanyAttention: Liability Management GroupTelephone: +44 20 7774 4836Email: The Tender AgentKroll Issuer Services Limited The News Building3 London Bridge StreetLondon SE1 9SGUnited KingdomAttention: Owen MorrisTelephone: +44 20 7704 0880, Email: ontex@ Website: Investeerders Geoffroy Raskin +32 53 33 37 30 Media Catherine Weyne +32 53 33 36 22 Over Ontex Ontex is een toonaangevende internationale ontwikkelaar en producent van producten in babyverzorging, dameshygiëne en volwassenenzorg, zowel voor retailers als voor de gezondheidszorg. De innovatieve producten van Ontex worden in zo'n 100 landen verdeeld via retailers en zorgverleners. Ontex stelt wereldwijd zo'n 7.000 mensen tewerk en is aanwezig in 14 landen, met hoofdzetel in Aalst, België. Ontex staat genoteerd op Euronext Brussel en maakt deel uit van de Bel Mid® index. Om op de hoogte te blijven van het laatste nieuws, ga naar of volg Ontex op LinkedIn. Attachment 250401_TenderResults_ENSign in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
Ontex Group NV announces the launch of a cash tender offer for up to €400,000,000 aggregate principal amount of its outstanding €580,000,000 3.500% senior notes due 2026
Regulated information Not for release, publication or distribution in or into, or to any person located or resident in or at any address in, the United States of America or to any person located or resident in any other jurisdiction where it is unlawful to distribute this press release, the Launch Announcement or the Tender Offer Memorandum (each as defined below) or to any persons to whom it is otherwise unlawful to send the Tender Offer Memorandum. This press release relates to the disclosure of information that qualified or may have qualified as inside information within the meaning of article 7(1) of the Market Abuse Regulation (EU) 596/2014, as amended. Aalst, Belgium, March 24, 2025 – Ontex Group NV (Euronext Brussels: ONTEX) ("Ontex" or the "Offeror") announces today an invitation to holders of its outstanding €580,000,000 3.500% senior notes due 2026 (ISIN: BE6329443962/Common Code: 236126102) (the "Notes") to tender up to €400,000,000 aggregate principal amount of such Notes for purchase by Ontex for cash (such invitation, the "Offer"). Holders of the Notes can find more information in the launch announcement which is available on the website of the Luxembourg Stock Exchange through the following link (the "Launch Announcement"). The Offer is being made on the terms and subject to satisfaction (or waiver) of the conditions (including, but not limited to, the New Financing Condition and the General Conditions (each as defined in the Launch Announcement)) described in the tender offer memorandum dated March 24, 2025 (the "Tender Offer Memorandum") prepared by the Offeror in connection with the Offer, and is subject to the offer restrictions set out below, as more fully described in the Tender Offer Memorandum. For detailed terms of the Offer, please refer to the Tender Offer Memorandum. Concurrently with the Offer, Ontex also intends to issue a series of new senior notes (the "New Notes"), subject to market conditions. Important information Capitalised terms used but not otherwise defined in this press release shall have the meanings given to them in the Launch Announcement referred to above. This press release must be read in conjunction with the Launch Announcement and the Tender Offer Memorandum. This press release and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to the Offer. If any holder of Notes (each, a "Noteholder") is in any doubt as to the contents of this press release and/or the Tender Offer Memorandum or the action it should take, it is recommended to immediately seek its own financial advice, including tax advice relating to the consequences resulting from the Offer, from its broker, bank manager, solicitor, accountant or other independent financial or legal advisor. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to tender such Notes pursuant to the Offer. The Dealer Manager is acting exclusively for the Offeror and no one else in connection with the arrangements described in this press release and the Tender Offer Memorandum and will not be responsible to any Noteholder for providing the protections which would be afforded to customers of the Dealer Manager or for advising any other person in connection with the Offer. None of the Offeror, the Dealer Manager or the Tender Agent or any director, officer, employee, agent or affiliate of any such person has made or will make any assessment of the merits and risks of the Offer or of the impact of the Offer on the interests of the Noteholders either as a class or as individuals, and none of them makes any recommendation as to whether Noteholders should tender Notes pursuant to the Offer. None of the Offeror, the Dealer Manager or the Tender Agent (or any of their respective directors, officers, employees, agents or affiliates) is providing Noteholders with any legal, business, tax or other advice in this press release and/or the Tender Offer Memorandum. Noteholders should consult with their own advisers as needed to assist them in making an investment decision and to advise them whether they are legally permitted to tender Notes for cash. Offer and Distribution Restrictions This press release, the Launch Announcement and the Tender Offer Memorandum do not constitute an invitation to participate in the Offer 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 press release, the Launch Announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this press release, the Launch Announcement or the Tender Offer Memorandum comes are required by each of the Offeror, the Dealer Manager and the Tender Agent to inform themselves about and to observe any such restrictions. None of this press release, the Launch Announcement, the Tender Offer Memorandum or the electronic transmission thereof constitutes an offer to buy or a solicitation of an offer to sell Notes (and tenders of Notes for purchase pursuant to the Offer will not be accepted from Noteholders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Offer to be made by a licensed broker or dealer and the Dealer Manager or any of its affiliates is such a licensed broker or dealer in any such jurisdiction, the Offer shall be deemed to be made by the Dealer Manager or such affiliate, as the case may be, on behalf of the Offeror in such jurisdiction. European Economic Area (EEA): In any European Economic Area (EEA) Member State (the 'Relevant State'), the Offer is only addressed to and is only directed at qualified investors in that Relevant State within the meaning of the Prospectus Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (the 'Prospectus Regulation'). Each person in a Relevant State who receives any communication in respect of the Offer contemplated in the Tender Offer Memorandum will be deemed to have represented, warranted and agreed to with the Dealer Manager and the Offeror that it is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation. United States: The Offer is not being made and will not be made, directly or indirectly, in or into, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States. This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. Accordingly, copies of the Tender Offer Memorandum and any other documents or materials relating to the Offer are not being, and must not be, directly or indirectly, mailed or otherwise transmitted, distributed or forwarded (including, without limitation, by custodians, nominees or trustees) in or into the United States or to a U.S. Person and the Notes cannot be tendered in the Offer by any such use, means, instrumentality or facility or from or within or by persons located or resident in the United States. Any purported tender of Notes in the Offer resulting directly or indirectly from a violation of these restrictions will be invalid and any purported tender of Notes made by a person located in the United States, or by any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal giving instructions from within the United States will be invalid and will not be accepted. The Tender Offer Memorandum is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under, or an exemption from the registration requirements of, the Securities Act. Each holder of Notes participating in the Offer will represent that it is not a person located in the United States and is not participating in the Offer from the United States, or it is acting on a non- discretionary basis for a principal located outside the United States that is not giving an order to participate in the Offer from the United States. For the purposes of this and the above paragraph, "United States" means the United States of America, its territories and possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands), any state of the United States of America and the District of Columbia. United Kingdom: The communication of this press release, the Launch Announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer is not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly, this press release, the Launch Announcement, the Tender Offer Memorandum and any other documents and/or materials relating to the Offer are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to, and may only be acted upon by, those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order")) or persons who are within Article 43 of the Financial Promotion Order or any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order. Any person in the United Kingdom who is not a relevant person should not act or rely on this press release, the Launch Announcement or the Tender Offer Memorandum. Italy: None of the Offer, this press release, the Launch Announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer have been or will be submitted to the clearance procedures of the Commissione Nazionale per le Società e la Borsa ("CONSOB"). The Offer is being carried out in the Republic of Italy as an exempted offer pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of 24 February 1998, as amended (the "Financial Services Act") and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of 14 May 1999. Noteholders, or beneficial owners of the Notes, can tender some or all of their Notes pursuant to the Offer through authorised persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of 15 February 2018, as amended from time to time, and Legislative Decree No. 385 of 1 September 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority. Each intermediary must comply with the applicable laws and regulations concerning information duties vis-à-vis its clients in connection with the Notes or the Offer. France: The Offer is not being made, directly or indirectly, to the public in the Republic of France ("France") other than to qualified investors (investisseurs qualifiés) as defined in Article L.411-2 1° of the French Code monétaire et financier. This press release, the Launch Announcement, the Tender Offer Memorandum and any other document or material relating to the Offer have only been and shall only be distributed in France to qualified investors (investisseurs qualifiés) and only qualified investors (investisseurs qualifiés) are eligible to participate in the Offer. None of this press release, the Launch Announcement, the Tender Offer Memorandum and any other document or material relating to the Offer have been and will be submitted for clearance to, nor approved by, the Autorité des Marchés Financiers. Belgium: The Offer is not being made, and will not be made or advertised, directly or indirectly, to any individual in Belgium qualifying as a consumer within the meaning of Article I.1 of the Belgian Code of Economic Law dated 28 February 2013, as amended (a "Belgian Consumer") and this press release, the Launch Announcement, Tender Offer Memorandum or any other documents or materials relating to the Offer have not been and shall not be distributed, directly or indirectly, in Belgium to Belgian Consumers. Luxembourg: The Offer is only addressed to and is only directed at existing Noteholders qualifying as qualified investors within the meaning of the Prospectus Regulation. Neither the Tender Offer Memorandum nor any other documents or materials relating to the Offer have been or shall be distributed in the Grand Duchy of Luxembourg other than to qualified investors (investisseurs qualifiés) and only qualified investors (investisseurs qualifiés) within the meaning of the Prospectus Regulation are eligible to participate in the Offer. The Tender Offer Memorandum and any other document or material relating to the Offer have not been and will not be submitted for clearance to, nor approved by, the Luxembourg Financial Services Authority (Commission de Surveillance du Secteur Financier) for purposes of public offering in the Grand Duchy of Luxembourg.. Enquiries Investors Geoffroy Raskin +32 53 33 37 30 Media Catherine Weyne +32 53 33 36 22 About Ontex Ontex is a leading international developer and producer of baby, feminine and adult care products, both for retailers and the healthcare sector. Ontex's innovative products are distributed in around 100 countries through retailers and healthcare providers. Employing some 7,000 people, Ontex has a presence in 14 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussel and is a constituent of the Bel Mid® index. To keep up with the latest news, visit or follow Ontex on LinkedIn. Attachment 250324_BondTender_ENSign in to access your portfolio
Yahoo
17-03-2025
- Business
- Yahoo
Carmila Announces the Launch of a Tender Offer on Its Existing Notes Maturing in May 2027, March 2028 and October 2028
PARIS, March 17, 2025--(BUSINESS WIRE)--Regulatory News: Carmila (Paris:CARM) announces today the launch of a tender offer on the following series of existing notes: €300,000,000 at 1.625 per cent. Notes due 30 May 2027 (ISIN FR0014000T33); €350,000,000 at 2.125 per cent. Notes due 7 March 2028 (ISIN FR0013321536); and €500,000,000 at 5.500 per cent. Notes due 9 October 2028 (ISIN FR001400L1E0). The tender offer is subject to the terms and conditions set out in the Tender Offer Memorandum dated 17 March 2025. In particular, the offer is subject to a maximum acceptance amount to be determined by the Company at its sole and absolute discretion. The purpose of the Tender Offer is to manage the Company's debt maturity profile and liquidity in an efficient manner. The tender offer will run from 17 March 2025 to 4:00 p.m. (Paris time) on 24 March 2025. The results of the offer are intended to be announced on 25 March 2025. INVESTOR AGENDA 17 April 2025 (after market close): First-quarter 2025 financial information14 May 2025: Annual General Meeting23 July 2025 (after market close): First-half 2025 results24 July 2025: First-half 2025 results presentation23 October 2025 (after market close): Third-quarter 2025 financial information ABOUT CARMILA As the third-largest listed owner of commercial property in Europe, Carmila was founded by Carrefour and large institutional investors in order to enhance the value of shopping centres adjoining Carrefour hypermarkets in France, Spain and Italy. At 31 December 2024, its portfolio was valued at €6.7 billion, and is made up of 251 shopping centres with leading positions in their catchment areas. Carmila is listed on Euronext-Paris Compartment A under the symbol CARM. It benefits from the tax regime for French real estate investment trusts ("SIIC"). Carmila has been a member of the SBF 120 since 20 June 2022. IMPORTANT NOTICE Some of the statements contained in this document are not historical facts but rather statements of future expectations, estimates and other forward-looking statements based on management's beliefs. These statements reflect such views and assumptions prevailing as of the date of the statements and involve known and unknown risks and uncertainties that could cause future results, performance or events to differ materially from those expressed or implied in such statements. Please refer to the most recent Universal Registration Document filed in French by Carmila with the Autorité des marchés financiers for additional information in relation to such factors, risks and uncertainties. Carmila has no intention and is under no obligation to update or review the forward-looking statements referred to above. Consequently, Carmila accepts no liability for any consequences arising from the use of any of the above statements. This press release is available in the "Financing" section of Carmila's Finance webpage: View source version on Contacts INVESTOR AND ANALYST CONTACTPierre-Yves Thirion – CFOpierre_yves_thirion@ +33 6 47 21 60 49 PRESS CONTACTElodie Arcayna – Corporate Communications Directorelodie_arcayna@ +33 7 86 54 40 10
