#Suriname #Paramaribo #Cash/PIK Securities #2033

Republic of Suriname's Tender Offer Extension

In a significant financial move, the Republic of Suriname has announced an extension to its invitation for offers to tender for cash its 7.95% Cash/PIK Securities due in 2033. This decision, communicated on October 30, 2025, allows investors to submit offers under updated terms that also extend the expiration deadline and settlement conditions. The tender offer, originally detailed in an invitation dated October 23, 2025, aims to allow holders of these securities to submit their offers and enhance liquidity.

Details of the Tender Offer

The invitation has been amended to stipulate that the deadline for submission of offers and the rights to withdraw them will now expire at 5:00 PM New York time on October 30, 2025. The expected settlement date for validly tendered and accepted securities is scheduled for approximately November 6, 2025. Suriname has reserved the right to modify or delay this settlement date at its discretion.

This move comes in light of various market conditions and the Republic's ongoing financial strategies aimed at optimizing its debt management. The government intends to remain flexible in responding to market dynamics, with the stipulation that it may choose not to accept any or all offers made by securities holders.

Securities Overview

In the context of this tender offer, the 7.95% Cash/PIK Notes are identified under the following identifiers:

• - CUSIP: 86886PAC6 and P68788AC5
• - ISIN: US86886PAC68 and USP68788AC53.

As of October 23, 2025, the total principal amount outstanding stands at approximately U.S. $693,770,384.00. For each validly tendered $1,000 principal amount of these securities, the proposed purchase price is $1,002.50.

Participation in the Tender Offer

Holders wishing to participate must facilitate their offers through The Depository Trust Company (DTC) and utilize the Automated Offer Program (ATOP). This structured approach ensures a streamlined process for investors to engage in the tender. Furthermore, it's crucial for holders to note the withdrawal rights available before the official expiration deadline, as those who tender should follow all required procedures for any potential withdrawal.

Jurisprudential considerations also come into play. Suriname emphasizes that this invitation is being made only within jurisdictions where it is legally permissible to do so. Notably, it also provides a comprehensive disclaimer, clarifying that this announcement does not constitute an offer to purchase but rather an invitation for offers under specific legal stipulations.

Why is This Important?

The extension of the tender offer serves multiple purposes. Primarily, it grants the holders of Suriname's securities additional time to respond amid possibly fluctuating market sentiments. Furthermore, by enhancing their financial structure and potentially reducing outstanding debt, the government aims to strengthen its fiscal position, which is crucial for its economic stability and growth prospects.
Suriname’s government has also engaged BofA Securities, Inc. as the dealer manager for this transaction, ensuring that all inquiries regarding the invitation can be directed to their office for clarity and guidance.

In summary, Suriname's decision to extend the tender offer for its 7.95% Cash/PIK Securities due in 2033 reflects a crucial step in managing fiscal responsibilities and enhancing investor relations. Holders of the securities are encouraged to assess their positions carefully before the upcoming submission deadline. As always, the government urges participants to remain informed of restrictions and legal obligations that may affect their decisions related to this tender offer.