Reworld Holding Corporation's Tender Offer for 5% Senior Notes Sees High Participation Rate

Reworld Holding Corporation's Successful Tender Offer for Senior Notes

Reworld Holding Corporation has recently announced the results of its cash tender offer and consent solicitation related to its 5.000% Senior Notes set to mature in 2030. As of 5:00 PM on September 22, 2025, the company reported impressive participation rates, with tenders and consents from holders reaching a total of $379,576,000 in principal amount, amounting to nearly 94.89% of the outstanding Senior Notes.

Key Details of the Cash Tender Offer

The settlement date for this transaction is anticipated to be September 24, 2025. Reworld plans to fully accept for purchase all notes that have been validly tendered and not withdrawn in accordance with the offer's terms. Investors who submitted their notes before the early tender date on September 5, 2025, and whose submissions were accepted, will receive a total consideration of $1,000 per $1,000 principal amount of notes purchased in the offer.

For those who tendered their notes after the early tender date but before the expiration date, the offer consideration will be $950 per $1,000 principal amount. Furthermore, holders receiving payment for their notes will also benefit from accrued and unpaid interest up to, but not including, the settlement date.

Amendments to the Indenture

On the early tender date, Reworld and Computershare Trust Company, N.A., acting as the trustee, executed a supplemental indenture concerning these notes. This supplemental indenture aims to eliminate most restrictive covenants, reporting obligations, certain default events, and additional provisions in the governing indenture of the notes, known as the proposed amendments. These amendments are slated to take effect on the settlement date, while the company meets its obligations to accept the validly tendered notes.

Role of Financial Advisors

Barclays Capital Inc. acted as the dealer manager and solicitation agent for this cash tender offer and consent solicitation. Any inquiries regarding the offer's terms and consent solicitation can be directed to Barclays at their designated contact numbers.

The information and tender agent for the initiative was Global Bondholder Services Corporation. Holders of the notes were encouraged to reach out with any questions they might have regarding the process through the toll-free numbers provided by Global Bondholder Services.

The Sustainability Commitment of Reworld

Reworld Holding Corporation, headquartered in Florham Park, New Jersey, is a leader in sustainable waste management services aimed at fostering environmentally responsible practices on a global scale. The company is actively pursuing zero waste initiatives and aims to fulfill sustainability goals through state-of-the-art technologies that focus on reimagining, reducing, reusing, recycling, recovering, and renewing. More information can be found on their website, www.reworldwaste.com.

Conclusion

This announcement reinforces Reworld Holding Corporation's commitment to advancing sustainable practices and maintaining positive relations with its investors following the cash tender offer's successful execution. Investors continue to show confidence in the company, as evidenced by the significant amount of participation in this offer. As the company moves forward, it is poised to continue developing innovative solutions that promote environmental sustainability while ensuring strong financial performance for its stakeholders.