Business
KPN announces results of its Tender Offer
NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT Introduction On 3 February 2026, Koninklijke KPN N.V. (“KPN”) announced offers to holders of its outstanding £ 400m 5.00% notes due 2026 (ISIN: XS0707430947) (of which £250,000,000 in nominal amount currently remains outstanding) and £ 850m 5.75% notes due 2029 (ISIN: XS0451790280) (of which £549,996,000 in nominal a
About this update from Royal Kpn Nv
[{"type":"image","alt":"Koninklijke KPN N.V.","displaySize":"","headline":null,"caption":"Koninklijke KPN N.V.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":166,"url":"https://media.zenfs.com/en/globenewswire.com/1f58b0d5bc8ca72e83e393554c4251dc"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/U7Jn4w7dWSuc6K._sBAwfw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIzMjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/1f58b0d5bc8ca72e83e393554c4251dc","width":300,"height":166}},"lazy":false},{"type":"text","content":"NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT","length":181,"tagName":"p"},{"type":"text","content":"Introduction","length":12,"tagName":"p"},{"type":"text","content":"On 3 February 2026, Koninklijke KPN N.V. (“KPN”) announced offers to holders of its outstanding £ 400m 5.00% notes due 2026 (ISIN: XS0707430947) (of which £250,000,000 in nominal amount currently remains outstanding) and £ 850m 5.75% notes due 2029 (ISIN: XS0451790280) (of which £549,996,000 in nominal amount currently remains outstanding) (together the "Notes") to tender their Notes for purchase by KPN for cash (the "Offers").","length":461,"tagName":"p"},{"type":"text","content":"The Offers will be financed with part of the proceeds of the € 500m 3.500% bond maturing on 12 May 2034 which was priced on 3 February 2026. The purpose of this transaction is to proactively manage KPN's debt structure and reduce near term refinancing requirements. The transaction also lowers the average coupon rate of KPN's bond portfolio.","length":360,"tagName":"p"},{"type":"text","content":"Final results and pricingToday, KPN announces the final results and pricing of the Offers. The Offers were made on the terms and subject to the conditions contained in the tender offer memorandum dated 3 February 2026 (the "Tender Offer Memorandum") and expired at 17:00 hours CET on 10 February 2026. Capitalized terms used but not defined in this announcement have the meanings given to them in the Tender Offer Memorandum.","length":446,"tagName":"p"},{"type":"text","content":"KPN confirms that the 2026 Final Acceptance Amount is £ 95,712,000 and the 2029 Final Acceptance Amo...