(EECL, 15.Apr.2024) — ENGIE Energía Chile S.A. (EECL) said its previously announced cash tender offer (the “Tender Offer”) for any and all of its outstanding 4.500% Notes due 2025 (the “Notes”) has expired at 5:00 p.m., New York City time, on 12 Apr. 2024 (the “Expiration Date”).
The Tender Offer was made pursuant to an offer to purchase dated 8 Apr. 2024 (the “Offer to Purchase”) and the related notice of guaranteed delivery (the “Notice of Guaranteed Delivery”, together with the Offer to Purchase, the “Offer Documents”), which set forth the terms of the Tender Offer. The following table sets forth certain information relating to the Tender Offer:
| Title of Security | CUSIP No. and ISINs | Principal Amount Outstanding | Tender Offer Consideration (per U.S.$1,000 principal amount) |
| 4.500% Notes due 2025 | CUSIP: 268270 AD7 / P36020 AB4ISIN: US268270AD76 / USP36020AB42 | U.S.$350,000,000 | U.S.$992.70 |
As of the Expiration Date, according to information provided by Global Bondholder Services Corporation, (i) a total of U.S.$214,471,000 aggregate principal amount of the Notes had been validly tendered and not validly withdrawn, and (ii) a total of U.S.$211,000 aggregate principal amount of the Notes had been received pursuant to Notices of Guaranteed Delivery.
EECL has accepted for purchase all Notes validly tendered and not validly withdrawn at or prior to the Expiration Date. The company expects to pay the Tender Offer Consideration plus the accrued and unpaid interest on the Notes validly tendered and not validly withdrawn on 17 Apr. 2024, subject to the terms and conditions described in the Offer Documents.
J.P. Morgan Securities LLC, Santander US Capital Markets LLC and Scotia Capital (USA) Inc. acted as dealer managers and Global Bondholder Services Corporation acted as Tender and Information Agent in connection with the Tender Offer.
Questions regarding the Tender Offer may be directed to:
J.P. Morgan Securities LLC, Latin America Debt Capital Markets, 383 Madison Avenue, New York, NY 10179, +1 (866) 846-2874 (toll-free) and +1 (212) 834-7279 (collect),
Santander US Capital Markets LLC, Liability Management Group, 437 Madison Avenue, New York, NY 10022, +1 (212) 350-0660 (toll-free) and +1 (855) 404-3636 (collect),
Scotia Capital (USA) Inc., Liability Management Group, 250 Vesey Street, New York, NY 10281, +1 (800) 372-3930 (toll-free) and +1 (212) 225-5501 (collect) or
Global Bondholder Services Corporation at +1 (855) 654-2015 (toll-free) and (212) 430-3774 (collect).
All deliveries and correspondence sent to the Tender and Information Agent should be directed to Global Bondholder Services Corporation, 65 Broadway – Suite 404, New York, New York 10006, Attn: Corporate Actions.
Neither the U.S. Securities and Exchange Commission, any U.S. state securities commission nor any regulatory authority of any other country has approved or disapproved of the Tender Offer, passed upon the merits or fairness of the Tender Offer or passed upon the adequacy or accuracy of the disclosure in the Offer Documents.
This press release shall not constitute an offer to purchase or a solicitation of acceptance of the offer to purchase, which were made only pursuant to the terms and conditions contained in the Offer Documents.
About EECL
We are a sociedad anónima abierta, or a publicly traded open stock corporation, organized under the laws of Chile. Our principal executive offices are located at Avenida Isidora Goyenechea 2800, 16th Floor, Las Condes, Santiago, Chile. Our telephone number is +56 2 2353 3200.
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