Business
Final results of Tender Offer
Final results of Tender Offer.
About this update from Fresnillo Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0194B\n Fresnillo PLC\n 02 October 2020\n \n \n \n \n \n Fresnillo Plc\n \n \n 21 Upper Brook Street\n \n \n London W1K 7PY\n \n \n United Kingdom\n \n \n \n \n www.fresnilloplc.com\n \n \n \n \n \n \n \n October 2, 2020\n \n \n \n \n \n \n \n \n FRESNILLO ANNOUNCES FINAL RESULTS OF ITS CASH TENDER OFFER\n \n \n \n \n \n \n MEXICO CITY, Mexico - October 2, 2020 - \n \n Fresnillo plc (\"Fresnillo\") (LSE: FRES; BMV: FRES)\n announces the final results of the previously announced offer (the \"Tender Offer\") to purchase for cash any and all of its outstanding US$800,000,000 principal amount of 5.500% Notes due 2023 (CUSIP/ISIN: 358070AA8; G371E2AA6 / US358070AA88; USG371E2AA61) (the \"Tender Securities\").\n \n \n The Tender Offer was made pursuant to the terms and conditions set forth in the offer to purchase dated September 22, 2020 (the \"Offer to Purchase\") and the related notice of guaranteed delivery (together with the Offer to Purchase, the \"Offer Documents\").\n \n \n The Tender Offer expired at 5:00 p.m., New York City time, on September 29, 2020 (the \"Expiration Date\") and settled on October 2, 2020 (the \"Settlement Date\"). \n \n \n All conditions described in the Offer to Purchase that were to be satisfied or waived on or prior to the Settlement Date, including the New Bond Settlement Condition (as such term is defined in the Offer to Purchase), were satisfied on or prior to the Settlement Date. \n \n \n The table below sets forth the aggregate principal amount of Tender Securities validly tendered in the Tender Offer or validly delivered through guaranteed delivery procedures that Fresnillo accepted for purchase, as well as the consideration payable for such Tender Securities. \n \n \n \n \n \n \n \n Title of Security\n \n \n \n \n \n \n CUSIP/ISIN\n \n \n \n \n \n \n Principal Amount Outstanding\n \n \n \n \n \n \n Consideration(1)\n \n \n \n \n \n \n Principal Amount Tendered and Accepted \n \n \n \n \n \n \n \n 5.500\n % Notes\nDue 2023\n \n \n \n \n 358070AA8;\n \n G371E2AA6 /\nUS358070AA88; USG371E2AA61\n \n \n \n \n US$800,000,000\n \n \n \n \n US$1,120.00\n \n \n \n \n US$481,721,000\n \n \n \n \n \n \n __________________________________________\n \n \n (1) Per US$1,000 principal amount of Tender Securities. Holders whose Tender Secur...