Notice of Redemption Terms to Holders of Mercialys
20 Septembre 2024 - 2:58PM
Business Wire
Regulatory News:
Mercialys (Paris:MERY) (the
“Issuer”) €300,000,000 4.625 per cent. Bonds due 7 July 2027
(the “Bonds”) ISIN: FR0013522091 Common Code:
219843151
Make-whole Redemption Date: 26 September
2024 Make-whole Redemption Amount: €105,045.02 per €100,000
Bond (excl. accrued interest) Accrued interest: €1,026.37
per €100,000 Bond
Following the publication by the Issuer on 11 September 2024 of
a notice announcing that it has elected to redeem all of the
outstanding Bonds (of which €200,000,000 are currently outstanding)
on 26 September 2024 (the “Make-whole Redemption Date”) at a
price per €100,000 Bond equal to the Make-whole Redemption Amount,
together with interest accrued to, but excluding, the Make-whole
Redemption Date, pursuant to Conditions 5(c)(ii) (Make-whole
Redemption by the Issuer) and 10 (Notices) of the terms and
conditions of the Bonds contained in the prospectus relating to the
issue of the Bonds which received approval number n°20-303 of the
French Autorité des marchés financiers on 3 July 2020 (the
“Prospectus”), notice is hereby given to the Bondholders of
the terms of the upcoming redemption:
- The Make-whole Redemption Amount has been calculated by the
Calculation Agent in accordance with the provisions of Condition
5(c)(ii) of the Prospectus. In accordance with such Condition, the
Make-whole Redemption Amount is computed using a discount rate
equal to the relevant Reference Rate (determined as of 11:00 a.m.
(Paris time) on the date of the present notice) plus 50 basis
points, all as determined by the Calculation Agent.
- The Reference Rate is 2.048%.
- The Make-whole Redemption Amount is €105,045.02 per €100,000
Bond.
- Interest accrued to, but excluding, the Make-whole Redemption
Date is €1,026.37 per €100,000 Bond.
- The redemption price including accrued interest is therefore
€106,071.39 per €100,000 Bond.
The Bonds will be delisted from Euronext Paris on the Make-whole
Redemption Date.
Terms used but not defined herein shall have the meanings
ascribed to them in the Prospectus.
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