TDF Infrastructure (the “Company”) announces today the launch of a tender offer on any and all of its outstanding €800 million 2.500% Bonds due 2026 (of which €450,100,000 are currently outstanding) (ISIN: FR0013144201) (the “Existing Bonds”) (the “Tender Offer”) and its intention to issue new Euro denominated senior unsecured bonds (the “New Bonds”), subject to market conditions.
A mechanism of priority allocation in the New Bonds may be applied at the sole and absolute discretion of the Company for holders of the Existing Bonds who participate in the Tender Offer
and who wish to subscribe to the New Bonds.
The Tender Offer is being made on the terms and subject to the conditions contained in the Tender Offer Memorandum dated 7 July 2025. The Tender Offer is subject, among other conditions, to the settlement of the New Bonds, one business day before the settlement date of the Tender Offer.
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.