The company announces the issuance of the new Series XXIV Notes for a total amount of USD 300 million, maturing in 2035, of which USD 57.8 million result from the early exchange of the Series XIV Notes maturing in June 2028.
Result of the Early Exchange of Series XIV Notes for the new Series XXIV Notes:
Nominal Value of Series XIV Notes tendered: USD 55,572,006
Nominal Value of Series XXIV notes to be issued under the Exchange Offer: USD 57,794,825
Series XIV Notes accrued interest up to the Issuance and Settlement Date: USD 1,337,201
Result of the Series XXIV Notes subscription in U.S. dollars (cable):
Nominal value: USD 242,205,175
Issue price: 96.903%
Yield to maturity: 8.50%
Series XXIV Notes (U.S. dollars – cable):
Nominal value to be issued: USD 300,000,000
Annual Interest Rate: 8.0%
Issuance and Settlement Date: March 31, 2025
Maturity Date: March 31, 2035
Interest Payment Dates: Semiannual payments starting on September 30, 2025
Principal Repayment: 33% in March 2033, 33% in March 2034, and 34% in March 2035
Governing Law: New York
