#Netherlands #Amsterdam #Cash Tender Offer #Prosus N.V. #Notes Due 2027

Prosus N.V. Announces Cash Tender Offer Results

On July 15, 2026, Prosus N.V., a public limited company operating under the laws of the Netherlands, revealed the results of its previously declared cash tender offers. These offers were aimed at its outstanding 4.850% Notes and 3.257% Senior Notes, both due in 2027.

The cash tender offers were outlined in detail in the Offer to Purchase dated July 6, 2026, wherein the terms and conditions for participation were clearly specified. Interested parties were given the chance to tender their notes until the expiration date of July 14, 2026, at 5:00 PM New York City time.

The Offers, also referred to as "Any and All Notes" for the 4.850% Notes and "Capped Tender Offer Notes" for the 3.257% Notes, witnessed considerable participation. Specifically, the principal amount outstanding for the 4.850% Notes was approximately $614 million, with $157 million validly tendered and accepted. For the 3.257% Notes, with an outstanding amount of $1 billion, the company accepted around $462 million that were tendered.

Financial Terms of the Tender Offers

According to the company's announcement, the total consideration provided for the validly tendered notes was set at $1,002.31 for the 4.850% Notes and $994.50 for the 3.257% Notes. These amounts are per $1,000 principal amount of notes accepted for purchase. Furthermore, holders whose notes were accepted will also be compensated for accrued and unpaid interest up to the settlement date of July 16, 2026.

The company confirmed that all accepted notes will be retired and cancelled, permanently removing them from their outstanding obligations. Notably, Prosus N.V. intends to exercise its option to redeem any remaining outstanding 4.850% Notes following the completion of this tender.[Section details, as stated in the Offer to Purchase, revealed that the redemption notice was issued on July 9, 2026, allowing holders who did not tender their notes a subsequent redemption at the calculated make-whole price to be effective on August 10, 2026. This offer emphasizes the company's robust approach to debt management, ensuring that their obligations are effectively handled.

Conclusion

The completion of these cash tender offers signifies Prosus N.V.'s commitment to optimizing its capital structure and managing its liabilities efficiently. This proactive measure not only reflects the company's strategic objectives but also aims to enhance shareholder value as they head into the future. Investors and holders of these securities can expect that the company will continue to take steps towards maintaining its financial health while providing timely updates as necessary. Overall, this successful completion represents a constructive step for Prosus as they continue to navigate the complexities of the global financial landscape.

For further specifics regarding the tender offers, interested parties can access the Offer to Purchase available through the designated Information and Tender Agent's website.