#Securities #Cash Tender #Suriname #Paramaribo

Suriname Announces Results of Cash Tender Offer

On October 31, 2025, the Republic of Suriname officially announced the outcome of its recent invitation for offers to tender for cash its 7.95% Cash/PIK Notes due 2033. This initiative, which began on October 23, saw considerable response from holders of these securities.

Summary of the Invitation

The Republic’s invitation to submit offers expired on October 30, 2025, at 5:00 PM New York time. As of the deadline, Suriname confirmed that all validly tendered securities were accepted without application of a proration factor. The settlement of these accepted securities is anticipated to occur around November 6, 2025, subject to the outlined terms and conditions.

Tendered Securities Overview

Below is a brief overview of the key figures related to the securities tendered:

• - Original Principal Amount (as of October 23, 2025): $693,770,384
• - Principal Amount Tendered: $419,834,373
• - Percentage of Principal Amount Tendered: 60.51%
• - Expected Amount Accepted for Purchase: $419,834,373
• - Principal Amount Remaining After Repurchase: $273,936,011

This successful tendering process indicates strong investor confidence in the Republic’s securities despite prevailing market conditions. It speaks to the financial stability and commitments of Suriname.

Financial Implications

Holders of the securities accepted will receive a purchase price that reflects the acutely timed offers as well as accrued interest up to, but not including, the settlement date. The total aggregate purchase price along with the accrued interest is projected to be approximately $431,175,149.26.

It’s important to note that this offer is contingent upon the Republic meeting certain financing conditions, which have been detailed in the tender invitation. Furthermore, any late submissions may still be considered at the Republic's discretion, adding an extra layer of flexibility in the tendering process.

Cancellation of Securities

Following the settlement date, the securities purchased under this offer will be canceled according to the terms laid out in the initial invitation. This move will likely streamline the Republic’s future financial obligations and support a more manageable debt profile moving forward.

How to Access the Invitation Details

For further details regarding this tender and its implications, interested parties can obtain a complete copy of the invitation by contacting Global Bondholder Services Corporation, who serves as the information and tender agent. They can be reached through their website or by phone.

In summary, Suriname’s tender offer showcases an effective approach in managing national debt and engaging with investors in favorable terms while ensuring the Republic’s financial stability is maintained.