Worldline announces the launch of a tender offer on its bonds due September 2024
Paris La Défense, 10 May 2023 – Worldline [Euronext: WLN], a global leader in payment services, today announces the launch of a tender offer on its bonds due in September 2024.
Worldline announces today the launch of a tender offer for repurchase for cash (the “Tender Offer”) on its € 600,000,000 1.625% bonds due September 2024 (ISIN: FR0013281946) issued in 2017 (the "Series A Bonds") and on its € 500,000,000 0.25% bonds due September 2024 (ISIN: FR0013448032) issued in 2019 (the “Series B Bonds” and together with the Series A Bonds, the "Bonds"). The Bonds are admitted to trading on Euronext Paris.
Pursuant to the Tender Offer, Worldline offers to purchase the Bonds for cash up to an indicative maximum acceptance amount of € 300,000,000 in nominal amount. Worldline may increase or decrease and allocate such acceptance amount between each series of Bonds at its sole and absolute discretion.
This Tender Offer is being undertaken by Worldline to proactively manage its debt profile.
The Tender Offer begins on Wednesday 10 May 2023 and will expire on Tuesday 16 May 2023 at 5:00pm (CET), subject to changes as a result of any extension, termination, withdrawal, re-opening or amendment of the Tender Offer. The results are expected to be announced as soon as practicable on 17 May 2023.
This announcement must be read in conjunction with the Tender Offer Memorandum prepared in connection with the Tender Offer.
This press release and the information contained herein do not constitute an offer to repurchase the Bonds or an invitation to sell the Bonds, or an invitation to participate in such an offer to repurchase in, or from, any country in or from which, or from or to any person to whom, such invitation is prohibited by applicable laws and regulations. The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations. No steps have been or will be taken to comply with any registration, approval or other requirement under the laws of any jurisdiction. Persons in possession of this document are required to inform themselves and to comply with all applicable legal and regulatory restrictions. The Company makes no recommendation as to whether or not the holders of the Bonds should participate in the Tender Offer.
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Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.4 billion euros revenue in 2022. worldline.com
Worldline’s corporate purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible, and supports social transformation.
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