Business
Results of Tender Offer
Tritax Big Box REIT plc has announced the results of its tender offer for its £250.0 million 2.625% Notes due 14 December 2026, with £184.4 million in aggregate nominal amount of notes validly tendered. The company will purchase these notes at a price of 98.644% of their nominal amount, with settlement expected on 13 November 2025. Following the purchase and cancellation, £65.6 million of the notes will remain outstanding. Disclaimer*
About this update from Tritax Big Box Reit Plc
[{"type":"text","content":"\n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.\n \n \nResults of Tender Offer\n \nTritax Big Box REIT plc (the Offeror or the Company) is pleased to announce that on 11 November 2025 it priced and published results of its invitation to holders of its outstanding £250.0 million 2.625% Notes due 14 December 2026 (the 2026 Notes) to tender any and all of their Notes for purchase by the Offeror for cash (the Offer).\n \nAt the Expiration Deadline at 4.00 p.m. (London Time) on 10 November 2025, the Offeror had received valid tenders of £184.4 million in aggregate nominal amount of the Notes for purchase pursuant to the Offer. Pricing for the Offer took place at or around 11.00 a.m. (London time) on 11 November 2025. The Purchase Price payable by the Offeror for Notes validly tendered and accepted for purchase will be 98.644%.\n \nThe expected Settlement Date for the Offer is 13 November 2025. Following the Settlement Date, the Offeror intends to cancel the Notes purchased pursuant to the Offer. Accordingly, following settlement of the Offer and such cancellation, £65.6 million in aggregate nominal amount of the Notes will remain outstanding.\n \nThe Offer was announced on 3 November 2025 and was made on the terms and subject to the conditions contained in the tender offer memorandum dated 3 November 2025 (the Tender Offer Memorandum). Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum. Further information relating to the results of the Offer has been published on Euronext (Euronext Direct).\n \nBNP PARIBAS and NatWest acted as Dealer Managers in connection with the Offer.\n \nLazard & Co., Limited provided financial advice to the Company in relation to the Offer.\n \nFor further information, please contact:\nTritax Big Box\nColin Godfrey, CEO &n...