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HELSINKI - Sampo plc announced on Tuesday the final results of its tender offers for two series of subordinated notes, accepting €315.83 million of its 2052 Notes while rejecting all tenders for its 2049 Notes due to reaching its predetermined aggregate consideration limit.
The Finnish financial services company will purchase the 2052 Notes (ISIN:XS2226645278) at 93.255 percent of their nominal value, representing a purchase yield of 3.616 percent. The company received valid tenders for €432.76 million of these notes but implemented a scaling factor of 72.92 percent due to the €295 million aggregate consideration limit.
Sampo confirmed it will not accept any tenders of its 2049 Notes (ISIN:XS1995716211) as the consideration amount was fully allocated to the 2052 Notes purchases.
The settlement date for accepted notes is expected to be September 25, 2025, subject to satisfaction or waiver of the new financing condition. Sampo will also pay accrued interest on the accepted notes.
The tender offers, which were announced on September 15, 2025, closed at 5:00 p.m. CEST on September 22, 2025. BNP Paribas, Citigroup Global Markets Europe AG, Morgan Stanley & Co. International plc, and Nordea Bank Abp served as dealer managers for the offers.
This information is based on a press release statement from Sampo plc.
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