Adecoagro S.A.(US:AGRO) Prnewswireยท2025-07-18 13:02Core Viewpoint - Adecoagro S.A. has initiated a cash tender offer for its outstanding 6.000% Notes due 2027, with a total principal amount of approximately US$415.644 million, offering US$1,000.00 per US$1,000.00 principal amount of the Notes validly tendered and accepted for purchase [1][2][4]. Group 1: Tender Offer Details - The Tender Offer is set to expire on July 24, 2025, at 5:00 p.m. New York City time, unless extended or terminated earlier [3]. - Holders of the Notes must validly tender their Notes or deliver a Notice of Guaranteed Delivery by the Expiration Date to receive the Consideration plus Accrued Interest [3][5]. - Validly tendered Notes can be withdrawn at any time before the Expiration Date, but not thereafter [6]. Group 2: Financial Considerations - The total consideration for each US$1,000.00 principal amount of the Notes validly tendered will be US$1,000.00, plus accrued interest from the last interest payment date [4][5]. - The expected Settlement Date for payments to holders of accepted Notes is July 29, 2025, or as soon as practicable thereafter [6]. Group 3: New Notes Offering - Adecoagro plans to use proceeds from a concurrent offering of New Notes to pay for the Consideration, Accrued Interest, and related costs of the Tender Offer [10]. - The New Notes will be offered to qualified institutional buyers and will not be registered under the U.S. Securities Act [7]. Group 4: Company Overview - Adecoagro is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and producing over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity [19].