6.000% Notes due 2027

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ADECOAGRO S.A. ANNOUNCES EXPIRATION AND RESULTS OF ITS ANY AND ALL CASH TENDER OFFER FOR ITS 2027 NOTES
Prnewswire· 2025-07-25 00:31
Core Viewpoint - Adecoagro S.A. has announced the expiration and results of its cash tender offer for its outstanding 6.000% Notes due 2027, with approximately 36.31% of the principal amount validly tendered [1][3]. Group 1: Tender Offer Details - The tender offer was made for all outstanding 6.000% Notes due 2027, which are guaranteed by several subsidiaries of Adecoagro [2]. - As of the expiration date, US$150,927,000 of the US$415,644,000 principal amount of Notes was validly tendered and not withdrawn [3][4]. - The total consideration for the validly tendered Notes is US$1,000.00 per US$1,000.00 principal amount, plus accrued interest [6]. Group 2: Settlement and Payment - The settlement date for the tender offer is expected to occur on July 29, 2025, or as soon as practicable thereafter [7]. - Holders of validly tendered Notes will receive the total consideration along with accrued interest from the last interest payment date to the settlement date [8]. Group 3: Financing and Future Plans - The company plans to use proceeds from a new notes offering to pay for the consideration and accrued interest related to the tender offer [10]. - Adecoagro reserves the right to use any remaining proceeds to redeem or purchase any outstanding Notes after the expiration date [11]. 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 [14].
ADECOAGRO S.A. ANNOUNCES TENDER OFFER FOR ANY AND ALL OF ITS 2027 NOTES
Prnewswire· 2025-07-18 13:02
Core 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].