Koninklijke Philips N.V.: Tender Offers Results Notice
2022年5月6日 - 9:38PM
Koninklijke Philips N.V.: Tender Offers Results Notice
NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION DIRECTLY OR INDIRECTLY TO ANY U.S. PERSON (AS DEFINED
IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”)) OR ANY PERSON LOCATED OR RESIDENT IN THE
UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS
(INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS, GUAM, AMERICAN
SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF
THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR IN ANY OTHER
JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE
THIS NOTICE.
6 May 2022
KONINKLIJKE PHILIPS N.V.
(THE “COMPANY”)
announces the results of the tender offers in
respect of its outstanding
EUR 500,000,000 0.500 per cent. notes due 2023
(ISIN: XS1671760384) (the “2023 Euro Notes”)
EUR 500,000,000 0.750 per cent. notes due 2024
(ISIN: XS1815116568) (the “2024 Euro Notes”)
and
EUR 500,000,000 1.375 per cent. notes due 2025
(ISIN: XS2149368529) (the “2025 Euro Notes”,
and together with the 2023 Euro Notes and
the 2024 Euro Notes, the “Existing Notes”)
This Notice must be read in conjunction
with the tender offer memorandum dated 28 April 2022 (the “Tender
Offer Memorandum”) which has been prepared by the Company in
relation to the Tender Offers in respect of the Existing Notes.
Capitalised terms used in this Notice and not otherwise defined
herein shall have the meanings ascribed to them in the Tender Offer
Memorandum.On 28 April 2022, the Company announced the
launch of Tender Offers to Qualifying Holders of the Existing
Notes. Under the terms of the Tender Offers, Qualifying Holders
(subject to offer restrictions), were invited to tender their
Existing Notes for purchase by the Company for cash, subject to the
conditions set out in the Tender Offer Memorandum.The Tender Offers
expired at 17:00 hours CEST on 5 May 2022.Settlement of the New
Euro Notes Issuance took place on 5 May 2022 and accordingly the
Financing Condition to the Tender Offers has been
satisfied.Principal Amounts of Existing Notes validly
tenderedThe Company has received valid Offers to Sell in
respect of the Existing Notes as follows:Aggregate nominal amount
of the 2023 Euro Notes validly tendered: €196,976,000.Aggregate
nominal amount of the 2024 Euro Notes validly tendered:
€224,535,000.Aggregate nominal amount of the 2025 Euro Notes
validly tendered: €154,471,000.Final results of the Tender
OffersThe Company is pleased to announce that it will
accept validly tendered Existing Notes as follows:
|
Series Acceptance Amount |
Reference Benchmark Yield |
Purchase Yield |
Tender Price |
2023 Euro Notes |
€196,976,000 |
-0.0650% |
0.0850% |
100.550% |
2024 Euro Notes |
€224,535,000 |
0.2425% |
0.3425% |
100.802% |
2025 Euro Notes |
€154,471,000 No pro-ration shall be applied to valid tenders
of the 2025 Euro Notes. |
2025 Euro Notes Interpolated Mid-Swap Rate:1.2140%
|
1.2140% |
100.417% |
Remaining amounts outstandingAfter the
Settlement Date, the Existing Notes will remain outstanding as
follows:Aggregate principal amount of the 2023 Euro Notes
outstanding after the Settlement Date: €303,024,000.Aggregate
principal amount of the 2024 Euro Notes outstanding after the
Settlement Date: €275,465,000.As set out in the Tender Offer
Memorandum, following the Settlement Date the Company intends to
redeem in full the 2023 Euro Notes and 2024 Euro Notes that remain
outstanding at the relevant Make-Whole Redemption Amount in
accordance with their respective terms and conditions.Aggregate
principal amount of the 2025 Euro Notes outstanding after the
Settlement Date: €345,529,000.Settlement
DateThe Settlement Date for the Tender Offers is expected
to be 10 May 2022.Existing Notes purchased by the Company pursuant
to the Tender Offers will be cancelled and will not be reissued or
re-sold.
CONTACT INFORMATION
DEALER MANAGERS
BofA Securities Europe SA 51, rue La Boétie 75008
Paris France Attention: Liability Management Group Tel: +33 1 877
01057 Email: DG.LM-EMEA@bofa.com |
Mizuho Securities Europe GmbH Taunustor 1 60310
Frankfurt am Main Germany Attention : Liability Management
Telephone: +44 20 7090 6134 Email:
liabilitymanagement@uk.mizuho-sc.com |
TENDER AND INFORMATION AGENT
Kroll Issuer Services Limited
The Shard
32 London Bridge Street
London SE1 9SG
Telephone: +44 20 7704 0880
Attention: Jacek Kusion
Email: philips@is.kroll.com
Website: https://deals.is.kroll.com/philips
DISCLAIMERThe Dealer Managers do
not take responsibility for the contents of this Notice. This
Notice must be read in conjunction with the Tender Offer
Memorandum. No invitation to tender any Existing Notes is being
made pursuant to this Notice. Any such invitation was only made in
the Tender Offer Memorandum. This Notice and the Tender Offer
Memorandum contain important information.OFFER
RESTRICTIONSThe distribution of this Notice or the Tender
Offer Memorandum in certain jurisdictions may be restricted by law.
Persons into whose possession this Notice or the Tender Offer
Memorandum comes are required by each of the Company, the Dealer
Managers and the Tender and Information Agent to inform themselves
about, and to observe, any such restrictions. Please also refer to
the Tender Offer Memorandum for a full description of such
restrictions.
Koninklijke Philips NV (EU:PHIA)
過去 株価チャート
から 3 2024 まで 4 2024
Koninklijke Philips NV (EU:PHIA)
過去 株価チャート
から 4 2023 まで 4 2024