Arcos Dorados Announces Tender Results and Expiration Time of Cash Tender Offer for Any and All of Its Outstanding 5.875% Notes Due 2027 (CUSIP Nos. 03965U AC4 / G0457F AC1)
As previously announced, the expiration time for the Offer was 5:00 p.m.,
The table below summarizes certain payment terms for the Notes:
Description of Security |
CUSIP Number(s) |
ISIN Number(s) |
Outstanding
|
Consideration per
|
Aggregate Principal
|
Aggregate Principal
|
||||||
|
03965U AC4 / G0457F AC1 |
US03965UAC45 /
|
U.S. |
U.S. |
U.S. |
U.S. |
||||||
(1) The Consideration for the Notes will be paid together with accrued and unpaid interest from the last interest payment date for the Notes up to, but not including, the Settlement Date. |
||||||||||||
(2) Subject to satisfaction of the terms and conditions described in the Offer Documents, including, without limitation, the Financing Condition. |
Upon the terms and subject to the conditions of the Offer set forth in the Offer Documents, all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time, if accepted by Arcos Dorados for purchase, will be paid in full by Arcos Dorados on the Settlement Date and all Holders who validly tendered and did not validly withdraw their Notes at any time at or prior to the Expiration Time will receive the Consideration plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the Settlement Date, at that time.
Payment by Arcos Dorados for Notes tendered and accepted for payment pursuant to a Notice of Guaranteed Delivery is expected to occur on the Settlement Date.
The obligation of Arcos Dorados to purchase Notes in the Offer is conditioned on the satisfaction or waiver of certain conditions, including, without limitation, the Financing Condition, described in the Offer Documents.
The information and tender agent for the Offer is Global Bondholder Services Corporation. To contact the information and tender agent, banks and brokers may call +1 (212) 430-3774, and others may call
By Mail, Hand or Overnight Courier 65 Broadway – Suite 404
Attention: Corporate Actions |
By Facsimile Transmission +1 (212) 430-3775/3779 Attention: Corporate Actions
|
Confirmation by Telephone +1 (212) 430-3774 Toll free: +1 (855) 654-2015
|
|
Copies of each of the Offer Documents are available at the following web address: https://www.gbsc-usa.com/arcos/
Any questions or requests for assistance or for additional copies of this notice may be directed to the Dealer Managers at their respective telephone numbers set forth below or, if by any Holder, to such Holder’s broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offer.
The Dealer Managers for the Offer are:
BBVA Securities Inc. |
Citigroup Global Markets Inc. |
Itau BBA |
J.P. Morgan Securities LLC |
Santander US Capital
|
Two Manhattan West, 375 9th Ave, 9th Floor,
|
388 Greenwich Street, Trading 4th Floor
|
599 Lexington Avenue, 34th Floor,
|
383 Madison Avenue, 6th Floor
|
437 Madison Avenue
|
Attn: Liability Management |
Attn: Liability Management Group |
Attn: Debt Capital Markets |
Attn: Latin America Debt Capital Markets |
Attn: Liability Management |
E-mail: |
E-mail: |
|
|
E-mail:
|
Collect: (212) 728-2446 Toll-Free: +1 (800) 422-8692 |
Collect: +1 (212)-723-6106 Toll-Free: +1 (800) 558-3745 |
Collect: +1 (212) 710-6749 Toll Free: +1 (888) 770-4828 |
Collect: +1 (212) 834-7279 Toll Free: +1 (866) 846-2874 |
Collect: +1(212) 350-0660 Toll Free: +1(855) 404-3636 |
This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in
About Arcos Dorados
Arcos Dorados is the world’s largest independent McDonald’s franchisee, operating in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250124296386/en/
Investor Relations Contact
Dan Schleiniger
VP of Investor Relations
Arcos Dorados
daniel.schleiniger@mcd.com.uy
Media Contact
David Grinberg
VP of Corporate Communications
Arcos Dorados
david.grinberg@mcd.com.uy
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Source: Arcos Dorados Holdings Inc.