Atradius offers to buy subordinated notes due 2044 at 100.625

Chicago, April 8 – Atradius Finance BV is offering to buy any and all of its €250 million outstanding fixed-to-floating rate guaranteed subordinated notes due 2024 (ISIN: XS1028942354), according to an offer document.

The offer is for a purchase price of 100.625. Accrued interest to the settlement date will also be paid.

The first call date on the notes is Sept. 23.

The offer expires at 1 p.m. ET on April 15.

Results will be announced on April 16.

The tender offer is expected to settle on April 19.

Tenders will be accepted without scaling.

BNP Paribas (+33 1 55 77 78 94, liability.management@bnpparibas.com) and J.P. Morgan SE (+44 20 7134 2468, liability_management_EMEA@jpmorgan.com) are the dealer managers.

Kroll Issuer Services Ltd. is the tender agent.

The offer is subject to a new financing condition or new euro-denominated notes. Tendering holders who wish to subscribe to the new notes may be prioritized in allocation. Holders who are interested in the new offering should contact a joint lead manager. Settlement on the new offer is expected on April 17.

The purpose of the offer is to proactively manage debt.

Atradius NV is the guarantor.

Atradius is an Amsterdam-based subsidiary of Atradius NV. It provides finance and support services to the Atradius Group.

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