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Corporación Financiera de Desarrollo S.A. (COFIDE) Announces Expiration and Results with respect to its Tender Offer for Any and All of its Outstanding 4.750% Notes due 2025

  • On May 1, 2025, in Lima, Peru, COFIDE announced the conclusion and final outcomes of its cash tender offer for all of its 4.750% bonds maturing in 2025.
  • The Tender Offer expired at 5:00 p.m. Eastern Time on May 1, 2025, in accordance with the terms outlined in COFIDE’s Offer to Purchase released on April 25, 2025.
  • Holders validly tendered $165,493,000 principal amount of Notes, representing 47.37% of the $349,341,000 outstanding before the offer, and COFIDE accepted all Notes tendered and not withdrawn.
  • For every note tendered and accepted with a principal value of $1,000, holders will receive the $1,000 tender amount plus any interest accrued from the most recent payment date up to the anticipated settlement on May 6, 2025.
  • The Tender Offer's completion reflects COFIDE's debt management actions, with payments subject to Offer Documents terms, while forward-looking statements disclose potential risks and uncertainties.
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Corporación Financiera de Desarrollo S.A. (COFIDE) Announces Expiration and Results with respect to its Tender Offer for Any and All of its Outstanding 4.750% Notes due 2025

LIMA, Peru, May 1, 2025 /PRNewswire/ -- Corporación Financiera de Desarrollo S.A. ("COFIDE") today announced the expiration and final results as of 5:00 p.m. (New York City time) on May 1, 2025 (the "Expiration Date") of the previously announced cash…

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Charleston Gazette-Mail broke the news in Charleston, United States on Friday, May 2, 2025.
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