Cooperatieve Rabobank gives tender results for 5.8% notes due 2110

By William Gullotti

Buffalo, N.Y., Oct. 31 – Cooperatieve Rabobank UA announced the results of its tender offer for its $350 million 5.8% notes due 2110 (ISINs: US74977RCM43, US74977SCM26), according to a press release on Monday.

As previously reported, the bank was offering to buy any and all of the notes at par plus interest.

As of the offer expiration at 5 p.m. ET on Oct. 28, an aggregate total of $58,651,000 of the notes were tendered and accepted for purchase.

No notes were tendered via guaranteed delivery procedures, and settlement remains scheduled for Nov. 1.

The dealer managers for the offer are Credit Suisse (Europe) SA (+44 20 7883 8763, 800 821-1653, liability.management@credit-suisse.com) and Rabo Securities USA, Inc. (866 746-3850, DCMAmericas@rabobank.com).

The tender agent is Kroll Issuer Services Ltd. (+44 20 7704 0880, rabobank@is.kroll.com/https://deals.is.kroll.com/rabobank).

The bank and financial services company is based in Utrecht, Netherlands.

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