Prosus announces final results of tender offer for 2025, 2027 notes

Chicago, July 16 – Prosus NV announced the final results of its any-and-all cash tender offer for its $1.2 billion 5½% notes due 2025 (Cusips: 62856RAC9, N5946FAC1) and its $1 billion outstanding 4.85% notes due 2027 (Cusips: 62856RAD7, N5946FAD9), according to a notice on Friday.

The offer expired at 5 p.m. ET on July 13.

A total of $1,361,105,000 of notes were validly tendered and not withdrawn.

The final amounts accepted for each series were previously reported: $975,251,000 of the 2025 notes and $385,854,000 of the 2027 notes.

The notes will be retired and canceled.

The notes that were delivered via guaranteed delivery procedures, $508,000 of 2025 notes and $2,347,000 of 2027 notes, were not mentioned in the final press release.

Settlement was expected for July 15.

BofA Securities Europe SA (+33 1 877 01057, 888 292-0070, 980 387-3907, DG.LM-EMEA@bofa.com) and Citigroup Global Markets Ltd. (+44 20 798 68969, 800 558-3745, 212 723-6106, liabilitymanagement.europe@citi.com) are the dealer managers.

D.F. King & Co., Inc is the information and tender agent for the offer (800 347-4750, 212 269-5550, +44 20 7920 9700, prosus@dfking.com, https://sites.dfkingltd.com/prosus).

Amsterdam-based Prosus is the international internet assets division of Cape Town, South Africa-based Naspers Ltd.

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