Result of cash tender offer for Notes due 24 april 2019

Released: 12/07/2017 – 16.00
RNS Number : 8224K
Kedrion S.p.A.
12 July 2017

Milan, 12 July 2017. Further to the indicative announcement on 5 July 2017, Kedrion S.p.A. ("Kedrion" or the "Company") hereby announces the results of its invitation to the holders ("Noteholders") of its outstanding €300,000,000 4.625 per cent. Notes due 24 April 2019 (ISIN Code: XS1061608300) (the "Notes") to tender their Notes for purchase by the Company for cash (the "Offer") for the entire outstanding nominal amount of the Notes on the terms and subject to the satisfaction or waiver of the New Notes Condition and the other conditions set out in the tender offer memorandum dated 27 June 2017 (the "Tender Offer Memorandum").

At the expiration deadline of the Offer, €91,080,000 in aggregate principal amount of the Notes had been validly tendered pursuant to the Offer.

The Company hereby announces that the New Notes Condition has been satisfied and that it has decided to accept for purchase Notes validly tendered pursuant to the Offer for a total aggregate principal amount equal to €91,080,000. The nominal amount of the Notes which remain outstanding is €58,204,000.

The settlement date ("Settlement Date") for the Offer is 12th July 2017.

Banca IMI S.p.A., Mediobanca – Banca di Credito Finanziario S.p.A. and Natixis are Joint Dealer Managers for the Offer, and Lucid Issuer Services Limited acts as Tender Agent.

The result notice has been published on the ISE website:



Not for distribution in or into or to any person located or resident in the United States, its territories and possessions, any state of the United States or the district of Columbia or in or into or to any person located or resident in any other jurisdiction where it is unlawful to distribute this document (see “Offer and distribution restrictions” in the tender offer memorandum). persons into whose possession this announcement and/or the tender offer memorandum comes are required by each of the company, the joint dealer managers and the tender agent to inform themselves about, and to observe, any such restrictions. neither this announcement nor the tender offer memorandum constitutes an invitation to participate in the offer in any jurisdiction (including, specifically the United States) in which, or to any person to or from whom, it is unlawful to make such invitation. any purported tender of notes in the offer resulting directly or indirectly from a violation of these restrictions will be invalid and any purported tender of notes made by a person located in the United States or any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal giving instructions from within the united states will be invalid and will not be accepted.