Peru’s Pesquera Exalmar gives tender results for 8% notes due 2025, clarifies deadline

Chicago, June 21 – Pesquera Exalmar SA announced the current results of the previously announced cash tender offer for its outstanding 8% senior notes due 2025, according to a press release.

As of 5 p.m. ET on June 18, the company received tenders for $59,107,000 of the $60,922,000 outstanding notes.

Previously the company received enough consents in its solicitation to amend the notes. The company has already executed the supplemental indenture effectuating the proposed amendments.

The offer expires at 11:59 p.m. ET on June 21 as a result of the new Juneteenth federal holiday in the United States. The early expiration offer had been extended to 11:59 p.m. ET on June 18.

The withdrawal time has passed, 5 p.m. ET on June 4.

The company has been offering tendering noteholders $1,000 per $1,000 principal amount of notes, which includes a $30 early tender payment.

The issuer will also pay accrued interest to but excluding the settlement date.

Settlement is expected on or before June 25.

Santander Investment Securities Inc. (855 404-3636 or 212 940-1442) is serving as the dealer manager for the tender offer and the solicitation agent for the consent solicitation. D.F. King & Co., Inc. (800 290-6424, 212 232-3233 or pesquera@dfking.com) is acting as information agent and depositary for the tender offer and the consent solicitation.

Pesquera Exalmar is a San Isidro, Peru, fish company.

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