TIDM72NS

RNS Number : 0126P

British Telecommunications PLC

06 February 2023

THIS 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 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMED.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

6 February 2023

BRITISH TELECOMMUNICATIONS PUBLIC LIMITED COMPANY ANNOUNCES TER OFFERS

British Telecommunications public limited company (the "Offeror") announces that it is inviting holders of its outstanding EUR500,000,000 0.875 per cent. Notes due 26 September 2023 (ISIN: XS1886402814) (the "2023 Notes"), EUR575,000,000 1.000 per cent. Notes due 23 June 2024 (ISIN: XS1637334803) (the "June 2024 Notes") and EUR1,100,000,000 1.000 per cent. Notes due 21 November 2024 (ISIN: XS1720922175) (the "November 2024 Notes" and together with the 2023 Notes and the June 2024 Notes, the "Notes" and each a "Series") to tender their Notes for purchase by the Offeror for cash in an aggregate nominal amount of up to the Maximum Acceptance Amount (as defined below), subject to pro rata scaling, if applicable, and subject to applicable law and regulation and the offer and distribution restrictions and the satisfaction or waiver of the New Financing Condition (as defined below) and the other conditions described in the tender offer memorandum dated 6 February 2023 (the "Tender Offer Memorandum") (each such invitation an "Offer" and together the "Offers").

 
 Description        ISIN           Outstanding        Benchmark      Fixed Spread     Purchase      Maximum Acceptance 
                                   Nominal Amount     Rate           (basis points)   Price         Amount 
 EUR500,000,000     XS1886402814   EUR500,000,000     N/A            N/A              99.300 per    Subject as set out 
 0.875 per cent.                                                                      cent.         herein, up to an 
 Notes due 26                                                                                       aggregate nominal 
 September 2023                                                                                     amount of the 
                                                                                                    Notes expected to 
                                                                                                    be equal 
                                                                                                    to the aggregate 
                                                                                                    nominal amount of 
                                                                                                    the New Notes (as 
                                                                                                    defined below) 
                                                                                                    (the "Maximum 
                                                                                                    Acceptance 
                                                                                                    Amount"). The 
                                                                                                    Maximum Acceptance 
                                                                                                    Amount will be 
                                                                                                    announced as soon 
                                                                                                    as practicable 
                                                                                                    after the 
                                                                                                    pricing of the New 
                                                                                                    Notes, subject to 
                                                                                                    the right of the 
                                                                                                    Offeror to 
                                                                                                    increase or 
                                                                                                    decrease such 
                                                                                                    amount in its sole 
                                                                                                    and absolute 
                                                                                                    discretion 
                   -------------  -----------------  -------------  ---------------  ------------  ------------------- 
 EUR575,000,000     XS1637334803   EUR575,000,000     June 2024      -20              To be 
 1.000 per cent.                                      Notes                           determined 
 Notes due 23                                         Interpolated                    at the 
 June 2024                                            Mid-Swap                        Pricing 
                                                      Rate                            Time 
                   -------------  -----------------  -------------  ---------------  ------------  ------------------- 
 EUR1,100,000,000   XS1720922175   EUR1,100,000,000   November       -15              To be 
 1.000 per cent.                                      2024 Notes                      determined 
 Notes due 21                                         Interpolated                    at the 
 November 2024                                        Mid-Swap                        Pricing 
                                                      Rate                            Time 
                   -------------  -----------------  -------------  ---------------  ------------  ------------------- 
               THE OFFERS WILL COMMENCE ON 6 FEBRUARY 2023 AND WILL EXPIRE 4.00 P.M. (LONDON TIME) ON 10 
          FEBRUARY 2023 UNLESS EXTED, WITHDRAWN, AMED OR TERMINATED AT THE SOLE AND ABSOLUTE DISCRETION 
                                                    OF THE OFFEROR. 
           THE DEADLINES SET BY ANY INTERMEDIARY OR CLEARING SYSTEM WILL BE EARLIER THAN THE ABOVE DEADLINE. 
 

The Offers are made on the terms and subject to the conditions (including the New Financing Condition) contained in the Tender Offer Memorandum and should be read in conjunction with the Tender Offer Memorandum. Capitalised terms used but not otherwise defined in this announcement shall have the meaning given to them in the Tender Offer Memorandum.

Rationale for the Offers

The rationale for the Offers is to optimise the liquidity and debt maturity profile of the Offeror and BT Group plc. Notes purchased by the Offeror pursuant to the Offers will be cancelled and will not be re-issued or re-sold. Notes which have not been validly submitted and accepted for purchase pursuant to the Offers will remain outstanding.

Details of the Offers

The submission of a valid Tender Instruction through the Clearing Systems will be irrevocable except in the limited circumstances in which the revocation of a Tender Instruction is specifically permitted in accordance with the terms of the Offers.

Purchase Price

The 2023 Notes Purchase Price shall (subject to satisfaction or waiver of the New Financing Condition) be 99.300 per cent. of the nominal amount of the 2023 Notes accepted for purchase pursuant to the 2023 Notes Offer, equal to EUR993 per EUR1,000.

The June 2024 Notes Purchase Price will be calculated by the Dealer Managers at or around the Pricing Time as the price (expressed as a percentage of the nominal amount of the June 2024 Notes accepted for purchase pursuant to the June 2024 Notes Offer and rounded to the third decimal place, with 0.0005 being rounded upwards) equal to (a) each remaining payment of nominal and interest on the June 2024 Notes up to and including 23 June 2024 (being the maturity date of the June 2024 Notes), discounted to the Settlement Date at a discount rate equal to the June 2024 Notes Repurchase Yield (being the sum of the June 2024 Notes Interpolated Mid-Swap Rate and the June 2024 Notes Fixed Spread), less (b) the Accrued Interest in respect of the June 2024 Notes.

The November 2024 Notes Purchase Price will be calculated by the Dealer Managers at or around the Pricing Time as the price (expressed as a percentage of the nominal amount of the November 2024 Notes accepted for purchase pursuant to the November 2024 Notes Offer and rounded to the third decimal place, with 0.0005 being rounded upwards) equal to (a) each remaining payment of principal and interest on the November 2024 Notes up to and including 21 November 2024 (being the maturity date of the November 2024 Notes), discounted to the Settlement Date at a discount rate equal to the November 2024 Notes Repurchase Yield (being the sum of the November 2024 Notes Interpolated Mid-Swap Rate and the November 2024 Notes Fixed Spread), less (b) the Accrued Interest in respect of the November 2024 Notes.

The determination of the June 2024 Notes Purchase Price and the November 2024 Notes Purchase Price by the Dealer Managers will, in the absence of manifest error, be final and binding on all parties.

Tender Consideration

The Tender Consideration payable, subject to satisfaction or waiver of the New Financing Condition, on the Settlement Date to a Qualifying Holder whose Notes are validly Offered for Sale and accepted for purchase by the Offeror pursuant to the Offers will be an amount in EUR equal to the sum of: (i) the product of (x) the relevant Purchase Price and (y) the nominal amount of the relevant Notes; and (ii) the relevant Accrued Interest Amount in respect of such Notes, rounded, if necessary, to the nearest EUR0.01, with EUR0.005 being rounded upwards .

Maximum Acceptance Amount and Acceptance on a Pro-Rata Basis

The Offeror proposes to accept Notes for purchase up to the Maximum Acceptance Amount on the terms and subject to the conditions (including the satisfaction or waiver of the New Financing Condition) contained in the Tender Offer Memorandum (although the Offeror reserves the right, in its sole and absolute discretion and for any reason, to increase or decrease the Maximum Acceptance Amount).

Until the Offeror announces the final aggregate nominal amount of each Series (if any) accepted for purchase, no assurance can be given that any Notes validly Offered for Sale pursuant to the Offers will be accepted. Even if the New Financing Condition is satisfied, the acceptance of any Notes validly Offered for Sale is at the sole and absolute discretion of the Offeror and the Offeror reserves the absolute right not to accept any Notes validly Offered for Sale pursuant to the Offers. The Offeror will determine the allocation of the aggregate nominal amount accepted for purchase pursuant to the Offers among each Series (the "Series Acceptance Amounts" and each, a "Series Acceptance Amount") in its sole and absolute discretion and may purchase considerably less (or none) of one Series than of another Series.

If the Offeror decides to accept Notes of any Series for purchase pursuant to the Offers and in the event that valid Tender Instructions are received in respect of an aggregate nominal amount of a Series which is greater than the relevant Series Acceptance Amount, such Tender Instructions will be accepted on a pro rata basis as further set out in the Tender Offer Memorandum such that the aggregate nominal amount of such Series accepted for purchase is no greater than the relevant Series Acceptance Amount.

New Notes and New Financing Condition

The Offeror announced on 6 February 2023 its intention, subject to market conditions, to issue a new series of euro-denominated fixed rate notes (the "EUR New Notes") and a new series of sterling-denominated fixed rate notes (the "GBP New Notes" and together, the "New Notes"), unconditionally and irrevocably guaranteed by BT Group plc. Whether the Offeror will accept for purchase any Notes validly tendered in the Offers is subject, without limitation, to (unless such condition is waived by the Offeror in its sole and absolute discretion) the successful completion (in the sole determination of the Offeror) of the issue of the EUR New Notes and/or the GBP New Notes (the "New Financing Condition").

Allocation of the New Notes

When considering allocation of the New Notes, the Offeror intends to give preference to those Holders who, prior to such allocation, have validly tendered (or have given a firm indication to the Offeror or any Dealer Manager that they intend to tender) their Notes pursuant to the Offers. Therefore, a Holder who wishes to subscribe for New Notes in addition to tendering its Notes for purchase pursuant to the Offers may be eligible to receive, at the sole and absolute discretion of the Offeror, priority in the allocation of the New Notes, subject to the issue of the New Notes and such Holder making a separate application for the purchase of such New Notes to a Dealer Manager (in its capacity as a joint lead manager of the issue of the New Notes) in accordance with the standard new issue procedures of such Dealer Manager. However, the Offeror is not obliged to allocate the New Notes to a Holder who has validly tendered or indicated a firm intention to tender the Notes pursuant to the Offer and, if New Notes are allocated, the nominal amount thereof may be less or more than the nominal amount of Notes tendered by such Holder and accepted by the Offeror pursuant to the Offer. Any such allocation will also, among other factors, take into account the minimum denomination of the New Notes (being EUR100,000 in the case of the EUR New Notes and GBP100,000 in the case of the GBP New Notes).

All allocations of the New Notes, while being considered by the Offeror as set out above, will be made in accordance with customary new issue allocation processes and procedures. In the event that a Holder validly tenders Notes pursuant to the Offer, such Notes will remain subject to such tender and the conditions of the Offer as set out in the Tender Offer Memorandum irrespective of whether that Holder receives all, part or none of any allocation of New Notes for which it has applied.

Holders should note that the pricing and allocation of the New Notes are expected to take place prior to the Expiration Deadline for the Offer and any Holder that wishes to subscribe for New Notes in addition to tendering existing Notes for purchase pursuant to the Offers should therefore provide, as soon as practicable, and prior to the allocation of the New Notes, to any Dealer Manager any indications of a firm intention to tender Notes for purchase pursuant to the Offers and the quantum of Notes that it intends to tender in order for this to be taken into account as part of the New Notes allocation process.

Expected Timetable of Events

 
  Events/Dates                                                Times and Dates 
  Launch Date                                                 6 February 2023 
  Offers announced. Clearing System Notices distributed 
  via the Clearing Systems and Tender 
  Offer Memorandum available to Qualifying Holders upon 
  request from the Tender Agent. 
  Announcement of the Maximum Acceptance Amount               As soon as reasonably practicable following pricing of 
  Announcement of the Maximum Acceptance Amount for the       the New Notes and expected to be on 
  Offers.                                                     7 February 2023 
  Expiration Time                                             4.00 p.m. (London time) on 10 February 2023 
  Deadline for receipt by the Tender Agent of Tender 
  Instructions. 
  Qualifying Holders should note that Tender Instructions 
  must be submitted in accordance with 
  the deadlines of the Clearing System, which will be 
  before the Expiration Time. 
  Announcement of indicative results of the Offers            As soon as reasonably practicable after the Expiration 
  Announcement by the Offeror of a non-binding indication     Time and expected to be on 13 February 
  of the level at which it expects to                         2023 
  set the Series Acceptance Amounts and indicative 
  pro-ration factors (if any) in the event 
  the Offeror decides to accept Notes which have been 
  validly Offered for Sale pursuant to the 
  Offers. 
  Pricing Time                                                At or around 12.00 p.m. (London time) on 13 February 
  Determination of the June 2024 Notes Interpolated           2023 
  Mid-Swap Rate, the November 2024 Interpolated 
  Mid-Swap Rate, the June 2024 Notes Repurchase Yield, the 
  November 2024 Notes Repurchase Yield, 
  the June 2024 Notes Purchase Price and the November 2024 
  Notes Purchase Price. 
  Announcement of the results of the Offers                   As soon as reasonably practicable after the Pricing Time 
  Announcement of (i) whether the Offeror will accept         on 13 February 2023 
  (subject to satisfaction or waiver of 
  the New Financing Condition) any Notes pursuant to the 
  Offers and, if so accepted, of the 
  aggregate nominal amount of Notes of each Series so 
  accepted for purchase, (ii) for any Series 
  accepted for purchase, the pricing details, being, as 
  applicable, the 2023 Notes Purchase 
  Price, the June 2024 Notes Interpolated Mid-Swap Rate, 
  the June 2024 Notes Repurchase Yield, 
  the June 2024 Notes Purchase Price, the November 2024 
  Interpolated Mid-Swap Rate, the November 
  2024 Notes Repurchase Yield and the November 2024 Notes 
  Purchase Price and (iii) the final 
  Series Acceptance Amounts and pro-ration factors (if 
  any) in respect of each Series. 
  Settlement Date                                             Expected to be 15 February 2023 
  Subject to satisfaction or waiver of the New Financing 
  Condition on or prior to such date, 
  settlement of the Offers. 
  Payment of Tender Consideration in respect of Notes 
  accepted for purchase. 
 

This is an indicative timetable and is subject to the right of the Offeror to extend, re-open, amend and/or terminate the Offers (subject to applicable law and as provided in the Tender Offer Memorandum). Announcements and notices to be given to Qualifying Holders in connection with the Offers will be made (i) by publication via the Regulatory News Service and (ii) by the delivery of notices to the Clearing Systems for communication to Direct Participants. Announcements may also be made by issue of a press release to one or more Notifying News Service(s). Copies of all such announcements, press releases and notices can also be obtained upon request from the Tender Agent.

Qualifying Holders are advised to check with any Intermediary through which they hold their Notes as to the deadlines by which such Intermediary would require receipt of instructions from Qualifying Holders to participate in, or to withdraw their instructions to participate in, the Offers in accordance with the terms and conditions of the Offers as described in the Tender Offer Memorandum in order to meet the relevant deadlines (which will be earlier than the deadlines set out above) and the corresponding deadlines set by the Clearing Systems.

Qualifying Holders are advised to read carefully the Tender Offer Memorandum for full details of, and information on the procedures for participating in, the Offers.

Banco Santander, S.A and BNP Paribas are acting as Dealer Managers for the Offers and Kroll Issuer Services Limited is acting as Tender Agent. For detailed terms of the Offers please refer to the Tender Offer Memorandum which (subject to offer and distribution restrictions) can be obtained from the Dealer Managers and the Tender Agent referred to below.

 
 
                                        DEALER MANAGERS 
             Banco Santander, S.A.                                BNP Paribas 
                 2 Triton Square                           16, boulevard des Italiens 
                 Regent's Place                                   75009 Paris 
                 London NW1 3AN                                      France 
                 United Kingdom 
 
           Attn: Liability Management                     Telephone: +33 1 55 77 78 94 
  Email: liabilitymanagement@santandercib.co.uk         Attn: Liability Management Group 
                                                   Email: liability.management@bnpparibas.com 
                                       THE TER AGENT 
                                Kroll Issuer Services Limited 
                                           The Shard 
                                    32 London Bridge Street 
                                        London SE1 9SG 
                                        United Kingdom 
 
                                     Tel: +44 20 7704 0880 
                                      Attn: David Shilson 
                                    Email: bt@is.kroll.com 
                            Website: https://deals.is.kroll.com/bt 
 

This announcement is released by British Telecommunications public limited company and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (" UK MAR "), encompassing information relating to the Offers, as described above. For the purposes of UK MAR and the Implementing Technical Standards, this announcement is made by Andrew Binnie, BT Group Treasury Director of the Offeror.

DISCLAIMER

This announcement must be read in conjunction with the Tender Offer Memorandum. This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to the Offers. If any Qualifying Holder is in any doubt as to the contents of this announcement, the Tender Offer Memorandum or the action it should take, it is recommended to seek its own financial, legal, regulatory and tax advice, including in respect of any tax consequences, immediately from its broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser.

None of the Offeror, the Dealer Managers or the Tender Agent or any of their respective directors, employees, officers, agents or affiliates expresses any opinion about the merits of the Offers or makes any recommendation as to whether or not any Qualifying Holder should Offer to Sell its Notes and no one has been authorised by the Offeror, the Dealer Managers or the Tender Agent to make any such recommendation.

OFFER RESTRICTIONS

UNITED STATES

The Offers are not being made, and will not be made, directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States. This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. The Notes may not be tendered in the Offers by any such use, means, instrumentality or facility from or within the United States or by persons located or resident in the United States as defined in Regulation S of the U.S. Securities Act of 1933, as amended (the "Securities Act").

Accordingly, copies of the Tender Offer Memorandum and any other documents or materials relating to the Offers are not being, and must not be, directly or indirectly, mailed or otherwise transmitted, distributed or forwarded (including, without limitation, by custodians, nominees or trustees) in or into the United States. Any purported tender of Notes in the Offers resulting directly or indirectly from a violation of these restrictions will be invalid, and any purported tender of Notes made by a person located in the United States or any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal giving instructions from within the United States will be invalid and will not be accepted.

The Tender Offer Memorandum is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any Notes or other securities in the United States. Securities may not be offered or sold in the United States absent registration under, or an exemption from the registration requirements of, the Securities Act.

Each Holder of Notes participating in the Offers will represent that it is not a U.S. person, it is not located in the United States and it is not participating in the Offers from the United States or it is acting on a non-discretionary basis for a principal located outside the United States that is not giving an order to participate in the Offers from the United States.

For the purposes of this and above paragraphs, "United States" means the United States of America, its territories and possessions, any state of the United States of America and the District of Columbia.

UNITED KINGDOM

The communication of the Tender Offer Memorandum and any other documents or materials relating to the Offers is not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to, and may only be acted upon by, those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Financial Promotion Order")) or persons who are within Article 43 of the Financial Promotion Order or any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order.

FRANCE

The Tender Offer Memorandum and any documents or offering materials relating to the Offers may not be distributed in the Republic of France except to qualified investors (investisseurs qualifiés) as defined in Article 2(e) of the Prospectus Regulation, as amended, and Article L.411-2 of the French Code monétaire et financier as amended from time to time. The Tender Offer Memorandum has not been and will not be submitted for clearance to nor approved by the Autorité des marchés financiers.

REPUBLIC OF ITALY

None of the Offers, the Tender Offer Memorandum or any other documents or materials relating to the Offers has been or will be submitted to the clearance procedures of the Commissione Nazionale per le Società e la Borsa ("CONSOB") pursuant to Italian laws and regulations. The Offers are being carried out in the Republic of Italy ("Italy") as exempted offers pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of 24 February 1998, as amended (the "Financial Services Act") and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of 14 May 1999, as amended. Holders or beneficial owners of the Notes that are located in Italy may tender their Notes in the Offers through authorised persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of 15 February 2018, as amended from time to time, and Legislative Decree No. 385 of 1 September 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.

Each intermediary must comply with the applicable laws and regulations concerning information duties vis-à-vis its clients in connection with the Notes and/or the Offers.

GENERAL

The Tender Offer Memorandum does not constitute an offer to buy or the solicitation of an offer to sell Notes, and tenders of Notes for purchase pursuant to the Offers will not be accepted from Holders in any circumstances in which such offer or solicitation is unlawful.

NEW NOTES

Any investment decision to purchase any New Notes should be made solely on the basis of the information contained in (i) the prospectus dated 17 June 2022 prepared in connection with the EUR20,000,000,000 Euro Medium Term Note Programme of the Offeror, as supplemented by the supplements thereto dated 19 August 2022, 13 December 2022 and 2 February 2023 (together, the "Prospectus") and (ii) the final terms in respect of the New Notes pursuant to which the New Notes are intended to be issued, and no reliance is to be placed on any representations other than those contained in the Prospectus. Subject to compliance with all applicable securities laws and regulations, the Prospectus is available on the website of the Offeror and from the joint lead managers of the issue of the New Notes, on request.

The New Notes are not being, and will not be, offered or sold in the United States. Nothing in this announcement constitutes an offer to sell or the solicitation of an offer to buy the New Notes in the United States or any other jurisdiction. Securities may not be offered, sold or delivered in the United States absent registration under, or an exemption from the registration requirements of, the Securities Act. The New Notes have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act).

Compliance information for the New Notes: EEA MiFID II / UK MiFIR professionals / ECPs-only /No EEA or UK PRIIPs KID - Manufacturer target market (MiFID II / UK MiFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EEA or UK PRIIPs key information document (KID) has been prepared as not available to retail in EEA or UK. See the Prospectus for further information.

No action has been or will be taken in any jurisdiction in relation to the New Notes to permit a public offering of securities. The minimum denomination of the EUR New Notes and the GBP New Notes will be EUR100,000 and GBP100,000 respectively.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

TENUNUWROBUURRR

(END) Dow Jones Newswires

February 06, 2023 03:29 ET (08:29 GMT)

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