LIMA, Peru, June 26, 2024 /PRNewswire/ -- The Republic of
Peru ("Peru"), in accordance with its
previously-announced offers to purchase for cash (the "Tender
Offers") its outstanding 7.350% U.S. Dollar-Denominated Global
Bonds due 2025, 2.392% U.S. Dollar-Denominated Global Bonds due
2026, 4.125% U.S. Dollar-Denominated Global Bonds due 2027, 2.844%
U.S. Dollar-Denominated Global Bonds due 2030, 2.783% U.S.
Dollar-Denominated Global Bonds due 2031, 2.750% Euro-Denominated
Global Bonds due 2026 and 3.750% Euro-Denominated Global Bonds due
2030 (the "Old Bonds") on the terms and subject to the conditions
set forth in the offer to purchase, dated June 18, 2024 (the "Tender Offer Document"), as
set forth in the table below, today announced that the Tender
Offers expired as scheduled at 5:00
p.m. New York City time, on
June 25, 2024. Capitalized terms used
but not defined in this press release have the meanings specified
in the Tender Offer Document.
The Purchase Prices in the Tender Offers were set forth in a
previous press release. The settlement date for the Tender Offers
is expected to be July 1, 2024 (the
"Settlement Date").
The table below sets forth, for each series of Old Bonds, the
aggregate principal amount tendered and aggregate principal amount
accepted in the Tender Offers. Peru has accepted all Old Bonds validly
tendered in the Tender Offers.
Old
Bonds
|
Aggregate
Principal
Amount Tendered
|
Aggregate
Principal
Amount Accepted
|
7.350% U.S.
Dollar-Denominated Global Bonds due 2025
|
U.S.
$463,696,000
|
U.S.
$463,696,000
|
2.392% U.S.
Dollar-Denominated Global Bonds due 2026
|
U.S.
$268,194,000
|
U.S.
$268,194,000
|
4.125% U.S.
Dollar-Denominated Global Bonds due 2027
|
U.S.
$133,859,000
|
U.S.
$133,859,000
|
2.844% U.S.
Dollar-Denominated Global Bonds due 2030
|
U.S.
$48,736,000
|
U.S.
$48,736,000
|
2.783% U.S.
Dollar-Denominated Global Bonds due 2031
|
U.S.
$270,932,000
|
U.S.
$270,932,000
|
2.750% Euro-Denominated
Global Bonds due 2026
|
€252,551,000
|
€252,551,000
|
3.750% Euro-Denominated
Global Bonds due 2030
|
€63,396,000
|
€63,396,000
|
The Dealer Managers for the Tender Offers
are:
BofA Securities,
Inc.
One Bryant Park New
York, NY 10036
|
Citigroup Global
Markets Inc.
388 Greenwich Street,
4th Floor
New York, NY 10013
|
J.P. Morgan
Securities LLC 383
Madison Avenue
New York, NY 10179
|
Santander US
Capital Markets LLC
437 Madison Avenue
7th Floor
New York, NY 10022
|
|
|
|
|
Attention:
Liability Management Group
U.S. Toll
Free: (888) 292-0070 Collect:
(646) 855-8998
|
Attention:
Liability Management Group
U.S. Toll
Free: (800) 558-3745 Collect:
(212) 723-6106
|
Attention:
Latin America
Debt Capital Markets
U.S. Toll-Free:
(866) 846-2874
Collect: (212) 834-7279
|
Attention:
Liability Management Group
U.S. Toll Free:
(855) 404-3636
Collect: (212) 940-1442
|
FURTHER INFORMATION
For copies of the Tender Offer Document, contact the Information
Agent for the Tender Offers as follows:
Global Bondholder Services Corporation
65 Broadway - Suite 404
New York, NY 10006
United States of America
Attention: Corporate Actions
Banks and Brokers call: (212) 430-3774
Toll free: (855) 654-2014
Email: contact@gbsc-usa.com https://www.gbsc-usa.com/Peru
DISCLAIMER
The Tender Offer Document is not for
release, publication or distribution to any person located or
resident in any jurisdiction where it is unlawful to distribute the
Tender Offer Document. Persons into whose possession any materials
come are required by Peru, the
Dealer Managers and the Information Agent to inform themselves
about, and to observe, any such restrictions.
This announcement is neither an offer to purchase nor the
solicitation of an offer to sell any of the securities described
herein, nor shall there be any offer or sale of such securities in
any jurisdiction in which such offer, solicitation or sale would be
unlawful.
The Tender Offers were made solely pursuant to the Tender Offer
Document dated June 18, 2024.
This announcement is for distribution only to persons who (i)
have professional experience in matters relating to investments
falling within the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (as amended, the "Order"), (ii)
are persons falling within Article 49(2)(a) to (d) ("high net worth
companies, unincorporated associations etc.") of the Order, (iii)
are persons falling within Article 43 of the Order, (iv) are
outside the United Kingdom, or (v)
are persons to whom an invitation or inducement to engage in
investment activity (within the meaning of section 21 of the
Financial Services and Markets Act 2000) may otherwise lawfully be
communicated or caused to be communicated (all such persons
together being referred to as "relevant persons"). This
announcement is directed only at relevant persons and must not be
acted on or relied on by persons who are not relevant persons. Any
investment or investment activity to which this document relates is
available only to relevant persons and will be engaged in only with
relevant persons.
This announcement contains forward-looking statements and
information that is necessarily subject to risks, uncertainties and
assumptions. On the Settlement Date, subject to the conditions set
forth in the Tender Offer Document, Peru will purchase validly tendered and
accepted Old Bonds from holders. Peru assumes no obligation to update or
correct the information contained in this announcement.
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SOURCE The Republic of Peru