Abengoa Announces the Pricing of the Secondary Public Offering of Its Shares of Abengoa Yield
January 15 2015 - 9:24PM
Abengoa, S.A. (MCE:ABG.B/P SM) (Nasdaq:ABGB) ("Abengoa"), announced
today the pricing of an underwritten public offering of 9,200,000
of its ordinary shares in Abengoa Yield plc ("Abengoa Yield") by
means of a secondary public offering (the "Offering") at a price of
$31 per share. Abengoa will receive all proceeds from the Offering,
in the total amount of $285.2 million, less expenses and
underwriters' discounts. In addition, the underwriters of the
Offering have a 30-day option to purchase up to 1,380,000
additional ordinary shares from Abengoa. The Offering is expected
to close on January 22, 2015.
Citigroup and BofA Merrill Lynch are acting as global
coordinators of the Offering. HSBC and Banco Santander are acting
as joint bookrunners.
Copies of the final prospectus, when available, may be obtained
without charge from the offices of Citigroup, c/o Broadridge
Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717
(Tel: 800-831-9146) or BofA Merrill Lynch, at 222 Broadway, New
York, NY 10038, Attn: Prospectus Department, or by emailing
dg.prospectus_requests@baml.com.
A registration statement relating to these securities has been
filed with, and has been declared effective as of the date hereof
by, the Securities and Exchange Commission. This press release
shall not constitute an offer to sell or a solicitation of an offer
to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
This communication is directed only at (i) persons who are
outside the United Kingdom or (ii) in the United Kingdom, persons
who have professional experience in matters relating to investments
falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005, as amended (the
"Order"), or who are high net worth entities, and other persons to
whom it may lawfully be communicated, falling within Article 49(2)
of the Order (all such persons together being referred to as
"relevant persons"). Any investment or investment activity to which
this communication relates will only be available to and will only
be engaged in with, relevant persons. Any person who is not a
relevant person must not act or rely on this document or any of its
contents.
Forward-Looking Statements
This communication contains forward-looking statements that may
state Abengoa's or its management's intentions, beliefs,
expectations or predictions for the future. Such forward looking
statements are subject to certain risks, uncertainties and
assumptions, and typically can be identified by the use of words
such as "will," "expect," "estimate," "anticipate," "forecast,"
"plan," "believe," and similar terms. Although Abengoa believes
that its expectations are reasonable, it can give no assurance that
these expectations will prove to have been correct, and actual
results may vary materially. Factors that could cause actual
results to differ materially from those contemplated above include,
among others, risks and uncertainties related to the capital
markets. Any forward looking information presented herein is made
only as of the date of this press release, and we do not undertake
any obligation to update or revise any forward-looking information
to reflect changes in assumptions, the occurrence of unanticipated
events, or otherwise.
CONTACT: Communication Department
Patricia Malo de Molina Melendez
Tel: +34 954 93 71 11
E-mail: communication@abengoa.com
Investor relations
Barbara Zubiria Furest.
Tel: +34 954 93 71 11
E-mail: ir@abengoa.com