Ad hoc disclosure

K+S Aktiengesellschaft: Public tender offer to buy back outstanding 2022, 2023 and 2024 bonds

06-17-2021
NOT FOR DISTRIBUTION 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 OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO OR TO ANY PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT.

K+S Aktiengesellschaft herewith announces a public tender offer to the holders of all outstanding bonds maturing in 2022 (ISIN: DE000A1PGZ82), 2023 (ISIN: XS1591416679), and 2024 (ISIN: XS1854830889) for buy-back in cash (the "Offer"). The Offer is designed to further reduce financial liabilities and to optimize the utilization of proceeds generated by the sale of the Americas operating unit. The buy-back prices under the Offer are 103.00% in 2022, 102.95% in 2023 and 104.35% in 2024 for the bonds with the respective maturities, slightly above the current prices of the corresponding bonds, plus accrued interest.

The Offer period begins today on June 17, 2021 and is expected to end on June 28, 2021 at 4 pm CEST. The results of the Offer are intended to be disclosed on June 29, 2021. The settlement of the Offer is expected to take place on June 30, 2021.

The invitation to tender any outstanding bonds for repurchase shall be valid and take effect only outside the territories of the United States. The Offer is not open to US persons. Further information and restrictions with respect to the Offer will be published in a Tender Offer Memorandum, which, immediately upon this disclosure can be obtained from Lucid Issuer Services Limited acting as Tender Agent at kpluss@lucid-is.com.

Contact

Your contact for questions about the news

Dirk Neumann
K+S Aktiengesellschaft Investor Relations
Dirk Neumann
Head of Investor Relations