Tender Offer Results

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \n \n RNS Number : 1619U\n Globalworth Real Estate Inv Ltd\n 27 July 2020\n  \n \n \n \n 27 July 2020\n \n \n  \n \n \n NOT FOR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.\n \n \n  \n \n \n This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.\n \n \n  \n \n \n The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this information is considered to be in the public domain.\n \n \n  \n \n \n Manufacturer target market (MIFID II product governance) will be eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in the EEA or the United Kingdom.\n \n \n  \n \n \n  \n \n \n Globalworth Real Estate Investments Limited\n \n \n (\"Globalworth\" or the \"Offeror\")\n \n \n  \n \n \n \n Results of cash Tender Offer\n \n \n for Outstanding Notes due 2022\n \n \n \n Globalworth (AIM: GWI) announces the results of its invitation announced on 20 July 2020 to holders of its outstanding €550,000,000 2.875\n per cent notes due 2022 (the \"Notes\") to tender up to €400,000,000 principal aggregate amount of their Notes for purchase by the Offeror for cash (the \"Tender Offer\").  \n \n \n The purchase of the Notes by the Offeror is conditional upon the satisfaction or waiver of the new financing condition, being the successful issue and offering of its €400,000,000 2.95 per cent. new senior notes pursuant to its €1,500,000,000 Euro Medium Term Note Programme. The Offeror announces that the new financing condition described in the tender offer memorandum dated 20 July 2020 prepared by the Offeror in connection with the Tender Offer (the \"Tender Offer Memorandum\") is expected to be satisfied.\n ...

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