Business
Tender Offer
Tender Offer.
About this update from Georgia Capital Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014 (THE \"MARKET ABUSE REGULATION\")\nNOT FOR DISTRIBUTION IN OR INTO OR TO ANY JURISDICTION IN WHICH, OR TO ANY PERSON TO OR FROM WHOM, IT IS UNLAWFUL UNDER APPLICABLE LAWS TO DISTRIBUTE THIS ANNOUNCEMENT.\n \n12 July 2023\nJSC GEORGIA CAPITAL ANNOUNCES INVITATION TO PURCHASE NOTES FOR CASH \nJSC Georgia Capital (the \"Issuer\") has today launched an invitation to holders (the \"Noteholders\") of its outstanding U.S.$300,000,000[1] 6.125% notes due 2024 (the \"Notes\"), to tender their Notes for purchase by the Issuer for cash (the \"Tender Offer\") subject to the offer and distribution restrictions below, and upon the terms set forth in a tender offer memorandum dated 12 July 2023 (as it may be amended or supplemented from time to time, the \"Tender Offer Memorandum\"). \nThe Tender Offer will expire at 11:59 pm (New York time) on 8 August 2023, unless extended or earlier terminated (such time and date, as the same may be extended by the Issuer, the \"Expiration Deadline\"). The deadlines set by each Clearing System (as defined below) for the submission of instructions may be earlier than the relevant deadlines specified in this announcement and the Tender Offer Memorandum.\nNotes validly tendered may be withdrawn prior to 5:00 p.m. New York time (10:00 p.m. London time) on 8 August 2023, unless extended by the Issuer (such time and date, the \"Withdrawal Time\") but not thereafter. See \"Procedures for Tendering Notes - Withdrawal Rights\" in the Tender Offer Memorandum for further information.\nCopies of the Tender Offer Memorandum are (subject to the Offer and Distribution Restrictions) available from the Tender and Information Agent as set out below. Capitalised terms used in this announcement but not otherwise defined have the meanings given to them in the Tender Offer Memorandum.\nSummary of the Tender Offer\n\n\n\nDescription of the Notes\n\n\nISIN/Common Code/CUSIP\n\n\nOutstanding Principal Amount\n\n\nMinimum Denomination\n\n\nBenchmark Reference U.S. Treasury Security(1)\n\n\nBloomberg Reference Page\n\n\nFixed Spread (Basis Points)\n\n\n\n\nU.S.$300,000,000 6.125% notes (the \"Notes\")\n\n\nRegulation S ...