Axiata strives to raise our shareholder value by striking a balance between
short-term profitability and long-term growth.
| Type | Announcement |
| Subject | OTHERS |
| Description | RESULTS AS AT THE EXPIRATION DEADLINE (AS DEFINED BELOW) IN RESPECT OF THE TENDER OFFER OF UP TO A CASH SPEND OF USD200,000,000 FOR THE PURCHASE OF THE MEDIUM-TERM NOTES DUE 2050 ISSUED BY AXIATA SPV5 (LABUAN) LIMITED (NOTES) OUT OF THE OUTSTANDING NOTES OF USD1,000,000,000 PURSUANT TO THE USD1,500,000,000 EURO MEDIUM TERM NOTE PROGRAMME |
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Reference is made to the announcements made on 29 August 2024 and 12 September 2024 ("Prior Announcements"). Capitalised and italicised terms used in this announcement shall bear the same meaning ascribed to the same in the Prior Announcements. Axiata Group Berhad wishes to announce that the Offer expired at 5:00 p.m. (New York time) on 26 September 2024 / 5:00 a.m. (Malaysia time) on 27 September 2024 ("Expiration Deadline"). As USD272,108,000 in aggregate principal amount of the Notes tendered by 11:00 a.m., New York time on 11 September 2024 / 11:00 p.m., Malaysia time, on 11 September 2024 (such time and date, the "Early Tender Deadline") has already been accepted for purchase by the Company, the Offer Cap has been met and the Company hereby announces (and as stated in the Early Results Announcement dated 12 September 2024) that all Notes tendered after the Early Tender Deadline as at or prior to the Expiration Deadline ("Tendered Notes") will not be accepted for purchase and shall be promptly returned without cost to the tendering holder(s). As of 27 September 2024, the Offer has been consummated. On 19 September 2024, the Company paid the Early Tender Consideration and the applicable accrued interest with respect to USD272,108,000 in aggregate principal amount of the Notes validly tendered at or prior to the Early Tender Deadline and accepted for purchase by the Company. All of the Notes accepted for purchase have been cancelled. As of 27 September 2024, USD$727,892,000 in aggregate principal amount of the Notes remains outstanding. The announcement on SGX in respect of the foregoing matter is attached herewith. This announcement is dated 27 September 2024. Please refer attachment below. |
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| Company Name | AXIATA GROUP BERHAD |
| Stock Name | AXIATA |
| Date Announced | 27 Sep 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26092024-00018 |
Attachments