Groupama Assurances Mutuelles (Groupama) is immediately saying the launch of a tender offer (the Tender Offer) to repurchase up to EUR 400,000,000 in nominal quantity (topic to the suitable of Groupama in its sole and absolute discretion to improve or lower such quantity) of its EUR 1,100,000,000 Undated Senior Subordinated Notes issued in 2014 (ISIN: FR0011896513) (the Notes). The Notes are admitted to buying and selling on the regulated market of Euronext Paris.
The goal of the Tender Offer for Groupama is, amongst different issues, to proactively handle its capital construction. The Tender Offer additionally offers qualifying holders with the chance to promote their Notes.
The Tender Offer can be open through the interval from 3 October 2022 to 16:00 hours (CET) on 7 October 2022, topic to modifications as a results of any extension, withdrawal, termination or modification of the Tender Offer. The outcomes are anticipated to be introduced on 10 October 2022.
Disclaimer
This announcement doesn’t represent an invite to take part within the Tender Offer in or from any jurisdiction in or from which, or to or from any particular person to or from whom, it’s illegal to make such invitation below relevant securities legal guidelines. The distribution of this announcement in sure jurisdictions could also be restricted by legislation. Persons into whose possession this announcement comes are required to inform themselves about, and to observe, any such restrictions.
Tenders of Notes for buy pursuant to the Tender Offer won’t be accepted from qualifying holders in any circumstances by which such offer or solicitation is illegal. Groupama doesn’t make any advice as to whether or not or not qualifying holders ought to take part within the Tender Offer.
United States
The Tender Offer shouldn’t be being made and won’t be made straight or not directly in or into, to house owners of Notes who’re situated within the United States as outlined in Regulation S of the U.S. Securities Act of 1933, as amended (the Securities Act) or to U.S. Persons as outlined in Regulation S of the Securities Act (every a U.S. Person) and such Notes might not be tendered within the Tender Offer by any such use, means, instrumentality or facility from or throughout the United States, by individuals situated or resident within the United States or by U.S. Persons. Accordingly, copies of this doc usually are not being, and should not be, straight or not directly, mailed or in any other case transmitted, distributed or forwarded in or into the United States or to any such particular person. Any purported offer to promote in response to the Tender Offer ensuing straight or not directly from a violation of those restrictions can be invalid, and provides to promote made by a particular person situated or resident within the United States or any agent, fiduciary or different middleman appearing on a non-discretionary foundation for a principal giving directions from throughout the United States or any U.S. Person won’t be accepted.
Investors & Analysts contact
Valérie Buffard – [email protected] – +33 (0)6 70 04 12 38
- Groupama_Financial release_3Oct2022
