REG - Obrascon Huarte Lain - OHL tender offer <Origin Href="QuoteRef">OHL.MC</Origin>

Obrascon Huarte Lain SAAnnouncement

05/01/2016 12:35

RNS Number : 5948B
Obrascon Huarte Lain, S.A.
07 October 2015
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON, IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT. 
NOTICE OF TENDER OFFER FOR NOTES

OBRASCN HUARTE LAIN, S.A. (the "Company") hereby informs that it has approved a cash tender offer over the following notes of the Company (the "Existing Notes") for their subsequent cancellation (the "Tender Offer"):
 EUR 300,000,000 7.625 per cent. Senior Notes due 2020, listed on the London Stock Exchange's Regulated Market, with ISIN code XS0760705631.
 EUR 400,000,000 4.750 per cent. Senior Notes due 2022, listed on the London Stock Exchange's Regulated Market, with ISIN code XS1043961439.
 EUR 325,000,000 5.50 per cent. Senior Notes due 2023, listed on the London Stock Exchange's Regulated Market, with ISIN code XS1206510569.
The terms and conditions of the Tender Offer are established in a tender offer memorandum (the "Tender Offer Memorandum") prepared by the Company and which is at the disposal of the investors, who are advised to read it. Merrill Lynch International will act as Dealer Manager in the Tender Offer. The Tender Offer Memorandum can be obtained from the Tender Agent, Lucid Issuer Services Limited. 
Holders of Existing Notes may send their orders as from today, 7 October 2015, until 17:00 hours (CET) on 21 October 2015.The Company will announce whether or not it has decided to accept the orders received and, if applicable, the results of the Tender Offer on 30 October 2015, even though the Company can modify the dates and the rest of the terms of the Tender Offer in accordance with Tender Offer Memorandum.
Settlement of the Tender Offer in respect of tender orders accepted for purchase by the Company will remain subject to the settlement of the capital increase of the Company with pre-emptive subscription rights announced to the market yesterday.
Madrid, 7 October 2015



IMPORTANT INFORMATION
The Tender Offer is not carried out in any jurisdiction in which it is unlawful to do so and, in particular, it does not constitute an offer to buy or a solicitation of offers to sell to any person located or resident in the United States of America, its territories and possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands), any state of the United States of America or the District of Columbia, nor does it constitute an offer or solicitation to any address within the United States of America. 
The Tender Offer is subject to other applicable restrictions which are further described in the Tender Offer Memorandum. 

This information is provided by RNS
The company news service from the London Stock Exchange
  END
MSCBLBDGRXGBGUR