Sampo plc announces Results of Tender Offer for its €750,000,000 6.339 per cent. Fixed Rate Notes due 2012
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, 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 OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON
21 February 2012. Sampo plc (the Company) announces today the results of its invitation to holders of its outstanding €750,000,000 6.339 per cent. Fixed Rate Notes due 2012 (ISIN: XS0423479574) (the Notes) to tender their Notes for purchase by the Company for cash (the Offer).
The Offer was announced on 13 February 2012 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 13 February 2012 (the Tender Offer Memorandum) prepared by the Company. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.
The Expiration Deadline for the Offer was 5.00 p.m. (CET) on 20 February 2012.
As at the Expiration Deadline, €249,933,000 in aggregate nominal amount of the Notes had been tendered pursuant to the Offer. Subject to satisfaction of the New Financing Condition (as further described in the Tender Offer Memorandum), the Company has decided to accept all Notes validly tendered in the Offer in full.
The Company will, subject to satisfaction of the New Financing Condition, pay a cash purchase price of €1006.82 for each €1,000 in nominal amount of the Notes accepted by it for purchase pursuant to the Offer (the Purchase Price), and will also pay an Accrued Interest Payment in respect of such Notes.
The Settlement Date in respect of any Notes accepted for purchase is expected to be 23 February 2012.
Citigroup Global Markets Limited, Danske Bank A/S, Deutsche Bank AG (Xetra: 514000 - news) , London Branch and Nordea Bank Danmark A/S are acting as Dealer Managers for the Offer and Lucid Issuer Services Limited is acting as Tender Agent.
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The Dealer Managers |
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Citigroup Global Markets Limited Citigroup Centre 33 Canada Square Canary Wharf London E14 5LB United Kingdom Telephone: +44 20 7986 8969 Attention: Liability Management Group Email: liabilitymanagement.europe@citi.com |
Danske Bank A/S 2-12 Holmens Kanal DK-1092 Copenhagen K Denmark Telephone: +358 (0)10 546 8013 Attention: Debt Capital Markets Email: riitta.salonen@danskebank.com / elim@danskebank.com |
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Deutsche Bank AG, London Branch Winchester House 1 Great Winchester Street London EC2N 2DB United Kingdom Telephone: +44 20 7545 8011 Attention: Liability Management Group Email: liability.management@db.com |
Nordea Bank Danmark A/S Strandgade 3 DK-1401 Copenhagen Denmark Telephone: +45 33 33 16 75 Attention: Nordea Liability Management Email: NordeaLiabilityManagement@nordea.com |
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The Tender Agent |
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Lucid Issuer Services Limited Leroy House 436 Essex Road London N1 3QP United Kingdom
Telephone: +44 20 7704 0880 Attention: Thomas Choquet / Sunjeeve Patel Email: sampo@lucid-is.com |
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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 Company, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions.
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