US EditionSURA ASSET MANAGEMENT S.A. ANNOUNCES DEBT TENDER OFFER
- On May 6, 2025, in Medellin, Colombia, SURA Asset Management S.A. Announced a cash tender offer to repurchase up to $175 million in aggregate principal of its senior guaranteed notes that carry a 4.375% interest rate and mature in 2027.
- The offer is based on the conditions set forth in an Offer to Purchase issued on May 6, 2025, which the Company may modify or prolong at its discretion before the offer expires on June 4, 2025.
- Holders who submit their notes on or before 5:00 p.m. New York time on May 19, 2025, may receive a total payment of $1,000 per $1,000 principal amount plus an additional early tender bonus of $30, with the payment made in U.S. Currency.
- The Company will accept notes up to the $175 million maximum amount, with acceptances subject to customary conditions, proration, and possible modification or termination by the Company.
- This offer occurs alongside a new senior notes issuance, with settlement expected within three business days after tender or expiration, and holders are urged to consult the Offer to Purchase for full details.
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