#Brazil #São Paulo #Raizen Fuels #Finance S.A. #5.300% Notes

Raizen Fuels Finance S.A. Cash Tender Offer Announcement

Raizen Fuels Finance S.A. has officially launched a cash tender offer to acquire all of its outstanding 5.300% Notes set to mature in 2027. This tender offer, executed on February 18, 2025, indicates Raizen Fuels' strategic initiative to manage its financial obligations and optimize its capital structure.

Details of the Offer

The notes in question, totaling approximately $342 million, will be purchased at a consideration of $1,003.75 for every $1,000 of principal amount. This tender offer stipulates that it is not contingent on a minimum principal amount being offered by the holders of the notes, which illustrates Raizen's commitment to maximizing participation from debt holders.

The tender offer details can be easily referenced in the Offer to Purchase documentation provided by Raizen Fuels, which thoroughly outlines the terms and conditions of the offer.

Important Dates

• - Commencement of the Offer: February 18, 2025
• - Withdrawal Deadline: 5 PM (New York City time) on February 24, 2025
• - Expiration Date: 5 PM (New York City time) on February 24, 2025
• - Settlement Expected: Approximately February 27, 2025

Investors should be reminded that validly tendered notes can be withdrawn until the stated withdrawal deadline. This period should encourage a thoughtful approach to the tender offer, providing holders with the flexibility to respond to changing market conditions.

Conditions of the Offer

The offer's successful completion is subject to certain conditions, primarily centered on the successful pricing of a new issuance of debt securities by Raizen Fuels, which will be guaranteed by its parent companies. The net proceeds from this offering should equal or exceed the total payment required to fulfill the tender offer's considerations plus interest.

Role of Financial Institutions

Raizen Fuels has engaged several leading financial institutions to assist in the management of the offer, including BofA Securities, Citigroup, and J.P. Morgan. These firms will act as dealer managers throughout the tender process, providing valuable support and investment insights to both Raizen and its note holders.

Stakeholder Communications

Holders of the 5.300% Notes are encouraged to carefully review the Offer to Purchase document, as it contains key information necessary to make informed decisions regarding their participation in the tender offer. Additional information, including tender instructions, can also be directed to the designated information agent, D.F. King & Co.

Conclusion

This cash tender offer from Raizen Fuels represents both a pivotal moment for the company and a strategic opportunity for current note holders. By opting to engage in this offer, investors may find a beneficial avenue to manage their investment amidst changing market dynamics.

For further inquiries, stakeholders may contact the respective representatives at the financial institutions involved in this tender offer.

The Raizen group, a major force in the energy sector, aims to utilize this tender offer as part of their broader strategy to enhance financial health and maintain operational efficiency. This tender is a vital step in managing their obligations while providing a clear opportunity for bondholders.