Bonitron Designated Activity Company announces Final Tender Results

8 September 2022

On 28 July 2022, Bonitron Designated Activity Company (the «Offeror») invited holders of its U.S.$300,000,000 9.000 per cent. Loan Participation Notes due 2025 (the «Notes»), issued for the sole purpose of financing a loan to Eurotorg LLC (the «Borrower»), to tender any and all of their Notes for purchase by the Offeror for cash (the «Offer»).

The Offer was made on the terms and subject to the conditions contained in the offer to purchase dated 28 July 2022, as amended by the Offeror’s announcement dated 10 August 2022 (the «Offer to Purchase»). Capitalised terms used in this announcement but not otherwise defined have the meanings given to them in the Offer to Purchase.

Final Results of the Offer

As of the Extended Expiration Deadline, being 11:59 p.m. (NYC time) on 7 September 2022, Notes in an aggregate principal amount of U.S.$1,750,000 had been tendered since the Extended Early Tender Deadline, as more specifically described in the table below:

The Offeror (acting jointly with the Borrower) has accepted for purchase an aggregate principal amount of Notes validly tendered after the Extended Early Tender Deadline but at or prior to the Extended Expiration Deadline equal to U.S.$1,750,000 for the Tender Offer Consideration of U.S.$520 per U.S.$1,000 in principal amount of the Notes as set out in the table below:

The expected Final Settlement Date is 12 September 2022.

The Offer has now expired and no further Notes can be tendered for purchase pursuant to the Offer.

Notes that have not been tendered and accepted for purchase by the Offeror (acting jointly with the Borrower) pursuant to the Offer will remain outstanding and will remain subject to the terms and conditions of such Notes.

For further details, please, contact the Tender Agent or the Borrower.

The Tender Agent

The Borrower