Adevinta ASA Announces Issuance of Notices of Redemption in Full of its 2 5/8% Senior Secured Notes due 2025 and 3% Senior Secured Notes due 2027
17 May 2024
Oslo, 17 May 2024 - Adevinta ASA today announces the issuance of notices of redemption (the “Redemption”) for all of its outstanding €660,000,000 aggregate principal amount 2 5/8% Senior Secured Notes due 2025 (the “2025 Notes”) and €400,000,000 aggregate principal amount 3% Senior Secured Notes due 2027 (the “2027 Notes” and, together with the 2025 Notes, the “Notes”).
As specified in the notices of Redemption, the 2025 Notes will be redeemed in full at a redemption price equal to 100.65625% of the principal amount, plus accrued and unpaid interest, and the 2027 Notes will be redeemed in full at a redemption price equal to 101.5% of the principal amount, plus accrued and unpaid interest.
The redemption of the Notes is subject to conditions as described in the redemption notices.
The information in this announcement does not constitute a notice of redemption of the Notes, or an offer (or a solicitation of an offer) to purchase or to sell the Notes or any other securities.
For further information, the holders of the Notes should contact Euroclear or Clearstream or alternatively their service provider (i.e. custodian) who in turn should follow up with Euroclear or Clearstream for more information.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
***
IR contacts
Marie de Scorbiac
VP Investor Relations, Corporate Affairs, Group FP&A, Sustainability
40
Anne-Sophie Jugean
Investor Relations Senior Manager
81
About Adevinta
Adevinta is a leading online classifieds group and champion for sustainable commerce with a focus on Europe.
Our portfolio of 25+ digital marketplaces spans consumer goods, mobility, real estate, holiday rentals and jobs. Every month, our industry-leading technology enables more than 120 million people and over a million businesses across Europe to connect and trade. Loved local brands include leboncoin in France; mobile.de and Kleinanzeigen in Germany; Fotocasa and InfoJobs in Spain, Subito in Italy; Marktplaats in the Netherlands and the Canadian marketplace Kijiji. Our international team of diverse individuals are united in their purpose to make a positive impact on the environment, the economy and society every single day.
To find out more, visit Adevinta.com.
