BRF communicates the result of the repurchase process, on the date of the early repurchase offer (early tender date) previously announced 4.350% Senior Notes due in 2026, issued by BRF GmbH and guaranteed by BRF; and 4.875% Senior Notes due in 2030.
“At the end of the early repurchase offer date (September 19, 2023), holders of approximately 50.18% of the principal amount relating to the 2026 Notes and 22.49% of the principal amount relating to the 2030 Notes validly accepted the repurchase offers and did not cancel acceptance, and can no longer cancel or revoke the expressed acceptance”, says the company.
Payment of the repurchase price, Accumulated Interest and Early Repurchase Premium will be made in relation to the principal value of the 2026 Notes that BRF has agreed to repurchase, subject to proration, on the early settlement date of the repurchase offers, scheduled for September 21, 2023.
BRF informs that all Notes that are not accepted for repurchase by BRF as a result of the acceptance priority level and apportionment will be rejected and returned to their holders, and that the deadline for withdrawing the Notes has expired. Notes delivered that have not been withdrawn or those delivered at a later date may no longer be withdrawn or revoked, except as provided for in applicable law.
BRF’s obligation to repurchase Notes from the repurchase offers is conditioned upon the fulfillment or waiver of certain conditions described in the repurchase offer memorandum.
Estadão Content
The post BRF communicates the result of the Senior Notes repurchase process appeared first in Jornal de Brasília.
Source link
THE NAIS IS OFFICIAL EDITOR ON NAIS NEWS