COCA-COLA HBC A.G. - Result of Tender Offer
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15 May 2019
COCA-COLA HBC FINANCE B.V. ANNOUNCES FINAL RESULTS IN RELATION TO ITS INVITATION TO PURCHASE NOTES FOR CASH
Coca-Cola HBC Finance B.V. (the "Company") announces today the final results of its invitation to holders of its EUR 800,000,000 2.375 per cent. Notes due 2020 guaranteed by Coca-Cola HBC AG (the "Notes") to tender such Notes for purchase by the Company for cash (the "Offer").
The Offer was made on the terms and subject to the conditions set out in a tender offer memorandum dated 3 May 2019 (the "Tender Offer Memorandum"). Capitalised terms used and not otherwise defined in this announcement have the meanings given in the Tender Offer Memorandum.
The Expiration Deadline for the Offer was 4.00 p.m. (London time) on 14 May 2019. As at the Expiration Deadline EUR 236,573,000 in aggregate principal amount of the Notes had been validly tendered pursuant to the Offer.
The Company hereby announces that the New Financing Condition has been satisfied and as such, it has decided to accept all valid tenders of Notes pursuant to the Offer in full with no pro rata scaling. Accordingly, the Company has decided to confirm: (i) the Purchase Price; and (ii) the Final Acceptance Amount, as set out below.
| Description of the Notes | ISIN | Aggregate Principal Amount Outstanding | Purchase Price | Final Acceptance Amount |
| EUR 800,000,000 2.375 per cent. Notes due 2020 of Coca-Cola HBC Finance B.V. | XS0944362812 | EUR 800,000,000 | 102.243 per cent. | EUR 236,573,000 |
Settlement of the Offer and payment of the Purchase Price and Accrued Interest Payment in respect of the Notes accepted for purchase is expected to take place on 17 May 2019. Notes that are not tendered or not accepted for purchase pursuant to the Offer will remain outstanding.
For Further Information
A complete description of the terms and conditions of the Offer is set out in the Tender Offer Memorandum.
Further details about the transaction can be obtained from:
The Dealer Managers
Citigroup Global Markets Limited
Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB
United Kingdom
Telephone: +44 20 7986 8969
Attention: Liability Management Group
Email: [email protected]
Credit Suisse Securities (Europe) Limited
One Cabot Square
Canary Wharf
London E14 4QJ
United Kingdom
Telephone: +44 20 7883 8763
Attention: Liability Management Group
Email: [email protected]
Société Générale
10 Bishops Square
London E1 6EG
United Kingdom
Telephone: +44 20 7676 7951
Attention: Liability Management
Email: [email protected]
The Tender Agent
Lucid Issuer Services Limited
Tankerton Works
12 Argyle Walk
London WC1H 8HA
United Kingdom
Telephone: +44 20 7704 0880
Attention: David Shilson
Email: [email protected]
A copy of the Tender Offer Memorandum is available to eligible persons upon request from the Tender Agent.
Disclaimer
The offer period for the Offer has now expired. No further tenders of any Notes may be made pursuant to the Offer. This announcement must be read in conjunction with the Tender Offer Memorandum. None of the Dealer Managers or the Tender Agent or their respective directors, employees or affiliates accepts any responsibility for the accuracy or completeness of the information contained in this announcement or the Tender Offer Memorandum including (without limitation) information concerning the Company for any failure by the Company to disclose events that may have occurred and may affect the significance or accuracy of such information.
The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum come into are required by each of the Company, Coca-Cola HBC AG, the Dealer Managers and the Tender Agent to inform themselves about and to observe any such restrictions.
This announcement is released by Coca-Cola HBC Finance B.V. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the Offer described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Mania Kimpezi (Treasury Finance Manager) of Coca-Cola HBC Finance B.V.
About Coca‑Cola HBC
Coca-Cola HBC is a leading bottler of The Coca-Cola Company with an annual sales volume of more than 2 billion unit cases. It has a broad geographic footprint with operations in 28 countries serving a population of more than 600 million people. Coca-Cola HBC offers a diverse range of primarily non-alcoholic ready-to-drink beverages in the sparkling, juice, water, sport, energy, tea and coffee categories. Coca-Cola HBC is committed to promoting sustainable development in order to create value for its business and for society. This includes providing products that meet the beverage needs of consumers, fostering an open and inclusive work environment, conducting its business in ways that protect and preserve the environment and contribute to the socio-economic development of the local communities. Coca-Cola HBC is ranked among the top sustainability performers in ESG benchmarks such as the Dow Jones Sustainability Indices, CDP, MSCI ESG and FTSE4Good, among others.
Coca-Cola HBC has a premium listing on the London Stock Exchange (LSE: CCH) and its shares are listed on the Athens Exchange (ATHEX: EEE). For more information, please visit http://www.coca-colahellenic.com.