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TDF INFRASTRUCTURE LAUNCHES A TENDER OFFER ON ITS EXISTING BONDS MATURING IN 2022 AND INTENDS TO ISSUE A NEW BOND

TDF Infrastructure (the “Company”) announces today the launch of a cash tender offer on its outstanding €600 million 2.875% Bonds due 2022 (the “Existing Bonds”) (the “Tender Offer”) and its intention to issue new Euro denominated senior unsecured bonds (the “New Bonds”), subject to market conditions. The Tender Offer is subject, among other conditions, to the successful completion of the issuance of the New Bonds. The purpose of the Tender Offer and the planned issuance of the New Bonds is, amongst other things, to pro-actively manage the Company’s debt profile and to extend its average maturity.