Vivendi: Make-whole Redemption
December 09 2024 - 8:50AM
Business Wire
Optional Redemption Amount and Redemption
Rate Announcement
To the Holders of the EUR 500,000,000 1.875
Per Cent. Notes Due 26 May 2026 Issued by Vivendi SE on 26 May
2016
ISIN: FR0013176310
Regulatory News:
Reference is made to the terms and conditions included in the
prospectus dated 24 May 2016 which was approved by the Autorité des
marchés financiers under n°16-197 on 24 May 2016, (the "Terms
and Conditions"), of the EUR 500,000,000 aggregate principal
amount of 1.875 per cent. Notes due 26 May 2026 (the
"Notes") issued by Vivendi SE (the "Issuer")
(Paris:VIV).
All capitalized terms used herein and not otherwise defined in
this notice shall have the meanings assigned to them in the Terms
and Conditions.
On 14 November 2024, the Issuer gave irrevocable notice to all
Noteholders that it has elected to exercise its make-whole
redemption option of the outstanding Notes, in whole, in accordance
with Condition 5(i) (Make-whole redemption option) of the Terms and
Conditions (the “Redemption”), subject to the adoption by
the Issuer’s Combined General Shareholders’ Meeting to be held on 9
December 2024 of all the resolutions (and such resolutions becoming
effective) regarding the proposed spin-off of the Issuer’s group
submitted to its vote, as such resolutions are set forth in the
notice of meeting (avis de réunion) published in the Bulletin des
Annonces Légales Obligatoires (BALO) on 30 October 2024 and
available on the Issuer’s website
(https://www.vivendi.com/en/shareholders-investors/shareholders-meeting/)
and may subsequently be amended or completed by the Issuer’s
Management Board (Directoire) at its own initiative, as the case
may be (the “Condition”).
NOTICE IS HEREBY GIVEN that the details of the Redemption, which
remains subject to the satisfaction of the Condition, are as
follows:
Optional Redemption Date:
13 December 2024
Optional Redemption Amount (per Note):
EUR 101,032.53
Redemption Rate:
2.109 per cent.
Redemption Margin:
0.25 per cent.
Method of Payment:
In accordance with Condition 6 (Payments)
of the Terms and Conditions.
The results of the Issuer’s Combined General Shareholders’
Meeting being held today will be published by the Issuer in a press
release and made available on its website. For the avoidance of
doubt, should the Issuer’s Combined General Shareholders’ Meeting
be cancelled or not held, no Redemption should occur.
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version on businesswire.com: https://www.businesswire.com/news/home/20241209870512/en/
Vivendi SE Represented by: François Laroze Title: Chief
Financial Officer
Telefonica Brasil (NYSE:VIV)
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