Bel has closed the tender offer (the “Tender Offer”) on its €500,000,000 1.50 per cent. bonds due April 2024 (ISIN: FR0013251329) issued in 2017 and admitted to trading on Euronext Paris (the “Bonds”).
The nominal amount accepted by the Company in connection with the Tender Offer amounted to €198,200,000. The settlement date for the Tender Offer is expected to be 27 January 2023. The Bonds redeemed will be cancelled. The outstanding nominal amount of the Bonds will therefore represent €301,800,000.
BNP Paribas, Crédit Agricole CIB and Natixis were the Dealers Managers.
This press release and the information contained herein does not constitute an offer to repurchase the Bonds or an invitation to sell the Bonds or an invitation to participate in such an offer to repurchase in, or from, any country in or from which, or from or to any person to whom, such invitation is prohibited by applicable laws and regulations. The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations. Persons in possession of this document are required to inform themselves and to comply with all applicable legal and regulatory restrictions.