Not to publish, distribute or broadcast, directly or indirectly, in the United States, Canada, Australia or Japan and in any other jurisdiction in which it is unlawful to broadcast, publish or distribute this press release
La Défense, May 5, 2022
Indigo Group S.A. announces the success of the partial tender offer for its EUR 650 million bond due 2025
Indigo Group S.A. (the "Company") announces the success of its partial tender offer (the "Tender Offer") for its bonds issued on October 16, 2014 and May 7, 2015 maturing on April 16, 2025 for a total amount of €650 million and which are admitted to listing on the regulated market of Euronext Paris (ISIN: FR0012236669) (the "Existing Bonds"). Holders have validly tendered Existing Bonds for an aggregate nominal amount of 121,500,000.00 euros in accordance with the terms and conditions described in the tender offer memorandum dated April 26, 2022 (the "Tender Offer Memorandum").
The Company accepted the repurchase of Existing Bonds for cancellation in an aggregate nominal amount of 121,500,000.00 euros at a repurchase price of 100.684%. Following this transaction, the remaining nominal amount of the Existing Bonds will be 528,500,000.00 euros.
The settlement of the Tender Offer is scheduled for May 9, 2022.
Thanks to this transaction, the Company was able to actively manage its debt, improve its profile and take advantage of favorable market conditions.
BNP Paribas and HSBC acted as Dealer Managers for this transaction.
|Analysts / investors contact:||Press contact:|
|Noe Poyet||Benjamin Voron|
|[email protected]||[email protected]|
This press release does not constitute an invitation to participate in the Tender Offer in any jurisdiction in which, or to any person to whom, such an invitation may not be made in accordance with applicable laws and regulations. The distribution of this press release in certain jurisdictions may be restricted by law. Persons in possession of this press release are required to inform themselves of and to observe any such legal and regulatory restrictions and should refer to the "Offer Restrictions" section of the Tender Offer Memorandum.
Offers to sell Existing Bonds pursuant to the Tender Offer by investors will not be accepted in any circumstances in which such tender offer or solicitation would be unlawful. The Company is not making any recommendation to investors as to whether or not they should participate in the Tender Offer.
The Tender Offer is not being made, and will not be made, directly or indirectly in the United States of America (the "U.S.") by means of the mails, or any other means or instrumentality (including, without limitation, facsimile, telex, telephone, electronic mail, or any other means of electronic transmission) of interstate or foreign commerce, or the facilities of a national securities exchange in the U.S. or to any U.S. Person (US. Person, as defined in Regulation S under the Securities Act of 1933, as amended, the "Securities Act") (each, a "U.S. Person"). The Existing Bonds referred to above may not be tendered in the Tender Offer by any such means or contest in or from the United States or by persons located or resident in the United States (U.S. Holders, as defined in Rule 800(h) of the Securities Act). Accordingly, no copy of this document, the Tender Offer Memorandum or any other document relating to the Tender Offer is being or shall be, directly or indirectly, distributed, transferred or transmitted in any manner whatsoever (including, without limitation, by custodians, agents or trustees) in or into the United States or to any such person. Any offer to sell in response to the Tender Offer resulting directly or indirectly from a violation of these restrictions will be void, and any offer to sell made by a person located in or resident in the United States, or any agent, trustee or other intermediary acting, in a non-discretionary manner, in the name of and on behalf of a principal instructing from within the United States, will be void and will not be accepted.
The securities may not be offered or sold in the United States because of absent registration or an applicable exemption from the registration requirements of the Securities Act. This press release does not constitute an offer for sale of any financial securities in the United States. The financial securities referred to in this press release have not been and will not be registered under the Securities Act or the securities laws of any State of the United States or any other jurisdiction and may not be offered, sold or delivered, directly or indirectly, in the United States or to any U.S. Person.
For purposes of the foregoing paragraphs, "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 and the District of Columbia.
This press release is only intended in France for qualified investors as defined in Article 2(e) of Regulation (EU) 2017/1129 of the European Parliament and of the Council dated June 14, 2017, as amended (the "Prospectus Regulation") and only qualified investors are eligible to participate in the Tender Offer. The Tender Offer Memorandum and any other document relating to the Tender Offer may only be distributed to qualified investors within the meaning of Article 2(e) of the Prospectus Regulation and in accordance with Article L. 341-2,1 of the French Code monétaire et financier. Neither the Tender Offer Memorandum nor any other document relating to the Tender Offer has been submitted to the Autorité des marchés financiers for approval.