#Brazil #São Paulo #Finance #Raizen Fuels #Raízen S.A

Raizen Fuels Finance S.A. Cash Tender Offer Results

Raizen Fuels Finance S.A. recently revealed the outcome of its cash tender offer aimed at acquiring its outstanding 5.300% notes due in 2027. This announcement, made on February 24, 2025, highlights a significant response from noteholders, showcasing the financial entity's ability to engage effectively with the market.

The tender offer was initiated with clear terms provided in the related purchase document dated February 18, 2025. As of 5:00 PM New York City time, a remarkable sum of $154,253,000 was tendered, which constitutes around 45.10% of the principal amount available. This indicates a solid interest from noteholders in participating in the company's strategic financial maneuvers.

Details of the Tender Offer

The offer involved the repurchase of the 5.300% Notes, which are guaranteed by the parent companies, Raízen S.A. and Raízen Energia S.A. The following important figures pertain to the tender offer:

• - Title of Security: 5.300% Notes due 2027
• - Principal Amount Outstanding Prior to the Offer: $342,006,000
• - Principal Amount Validly Tendered: $154,253,000
• - Consideration for Notes Tendered: $1,003.75 per $1,000 principal amount

Only valid tenders made by the aforementioned expiration date could be accepted, with no submissions being made under the Guaranteed Delivery Procedures.

Importance of the Tender Offer

The cash tender offer played a crucial role in adjusting Raizen Fuels' financial structure and providing liquidity to its investors. By offering a competitive price, it incentivizes noteholders to participate, reflecting the company's commitment to actively managing its debts and obligations. Following the tender acceptance, the outstanding principal will be reduced to $187,753,000, thereby optimizing the company's balance sheet.

Future Outlook

Looking ahead, the settlement date for the accepted notes is expected to occur by February 27, 2025, following a thorough vetting process. Additionally, investors whose notes were accepted will receive accrued interest from the last payment date up until the settlement, demonstrating Raizen Fuels' accountability in financial dealings.

With the foundation laid for this successful transaction, Raizen Fuels continues to enhance its strategic approach to capital management and investor relations. This successful tender offers a positive narrative for the financial sector, showcasing efficiency and dedication to adhering to market expectations.

About Raizen Fuels

Established as a public limited liability company in Luxembourg since 2014, Raizen Fuels operates under laws that ensure compliance and transparency. It is a wholly-owned subsidiary of Raízen Energia, which is under the larger umbrella of Raízen S.A., headquartered in Brazil. These companies play a pivotal role in the energy market, focusing on sustainable and innovative practices to fuel growth.

Raizen Fuels and its parent companies are committed to maintaining a strong financial stance while navigating the evolutionary energy landscape. The response to this cash tender offer underscores the confidence investors hold in the integrity and operational excellence of Raizen Fuels and its affiliates.