TotalEnergies SE Announces Final Results of Its Tender Offer in Respect of Its €2,500,000,000 Undated Deeply Subordinated Fixed Rate Resettable Notes With a First Call Date on 26 February 2025
20 Novembre 2024 - 12:37PM
Business Wire
(ISIN: XS1195202822)
Regulatory News:
TotalEnergies SE (the “Company”) (Paris:TTE) (LSE:TTE)
(NYSE:TTE) announces the final results of its invitation to holders
of its €2,500,000,000 Undated Non-Call 10 Year Deeply Subordinated
Fixed Rate Resettable Notes with a first call date on 26 February
2025 (ISIN: XS1195202822) issued by the Company on 26 February 2015
(all of which are currently outstanding) and admitted to trading on
Euronext Paris (the “Notes”) to tender their Notes for
purchase by the Company for cash (the “Tender Offer”).
The Tender Offer was announced on 12 November 2024 and was made
on the terms and subject to the conditions contained in the tender
offer memorandum dated 12 November 2024 prepared by the Company, as
updated by the announcement from the Company on 12 November 2024
(together the “Tender Offer Memorandum”), and is subject to
the offer restrictions described in the Tender Offer Memorandum.
Capitalised terms used in this announcement and not otherwise
defined herein shall have the meanings ascribed to them in the
Tender Offer Memorandum.
The Expiration Time for the Tender Offer was 17:00 hours CET on
19 November 2024.
The Company confirms that the issue of the New Notes settled
yesterday, and therefore the Financing Condition has been
satisfied.
As at the Expiration Time, the Company had received and accepted
for purchase valid tenders of €1,418,419,000 in aggregate nominal
amount of the Notes.
The Settlement Date in respect of the Notes accepted for
purchase pursuant to the Tender Offer is expected to be 22 November
2024. Following settlement of the Tender Offer and cancellation of
the relevant Notes accepted for purchase pursuant to the Tender
Offer, €1,081,581,000 in aggregate nominal amount of the Notes will
remain outstanding.
Disclaimer
This announcement does not constitute a prospectus. This
announcement is neither an offer to sell nor a solicitation of an
offer to buy securities. The securities which are the subject of
this publication were not offered to the public.
This announcement does not constitute an invitation to
participate in the Tender Offer in or from any jurisdiction in or
from which, or to or from any person to or from whom, it is
unlawful to make such invitation under applicable securities laws.
The distribution of this announcement in certain jurisdictions may
be restricted by law. Persons into whose possession this
announcement comes are required to inform themselves about, and to
observe, any such restrictions.
United States
The Tender Offer is not being made and will not be made directly
or indirectly in or into, or by use of the mails of, or by any
means or instrumentality (including, without limitation, facsimile
transmission, telex, telephone, email and other forms of electronic
transmission) of interstate or foreign commerce of, or any facility
of a national securities exchange of, the United States or to U.S.
Persons as defined in Regulation S of the U.S. Securities Act of
1933, as amended (the “Securities Act”) (each a “U.S.
Person”) and the Notes may not be tendered in the Tender Offer
by any such use, means, instrumentality or facility from or within
the United States, by persons located or resident in the United
States of America (“U.S. holders” within the meaning of Rule 800(h)
under the Securities Act). Accordingly, copies of the Tender Offer
Memorandum, this announcement and any documents or materials
related to the Tender Offer are not being, and must not be,
directly or indirectly, mailed or otherwise transmitted,
distributed or forwarded (including, without limitation, by
custodians, nominees or trustees) in or into the United States or
to any such person. Any purported Tender Instruction in response to
the Tender Offer resulting directly or indirectly from a violation
of these restrictions will be invalid, and any purported Tender
Instructions made by a person located or resident in the United
States of America or any agent, fiduciary or other intermediary
acting on a non‑discretionary basis for a principal giving
instructions from within the United States will be invalid and will
not be accepted.
For the purposes of the above paragraph, “United States”
means the United States of America, 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 of America and the District of Columbia.
Each Qualifying Holder of Notes participating in the Tender
Offer will represent that it is not participating in the Tender
Offer from the United States, that it is participating in the
Tender Offer in accordance with Regulation S under the Securities
Act and that it is not a U.S. Person or it is acting on a
non‑discretionary basis for a principal located outside the United
States that is not giving an order to participate in the Tender
Offer from the United States and who is not a U.S. Person.
France
The Tender Offer is being made, directly or indirectly in the
Republic of France to qualified investors (investisseurs qualifiés)
as defined in Article 2(e) of the Prospectus Regulation (as defined
below), as amended, and Article L.411-2 of the French Code
monétaire et financier as amended from time to time. The Tender
Offer Memorandum and any other offering material relating to the
Tender Offer may be distributed in the Republic of France only to
qualified investors. Neither the Tender Offer Memorandum, nor any
other such offering material has been submitted for clearance to
the French Autorité des marchés financiers (the “AMF”).
Please refer to the Tender Offer Memorandum for the other
applicable jurisdictions.
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