PORT OF SPAIN, Trinidad and Tobago , Sept. 13, 2023 /PRNewswire/ -- The Republic of Trinidad and Tobago (the "Republic") (LuxSE: TT) today announced that the previously announced cash tender offer (the "Offer") for any and all of its 4.375% notes due 2024 (the "Old Notes") expired at 5:00 p.m.New York City time, on September 12, 2023 (the "Expiration Date"). According to information provided by Global Bondholder Services Corporation, the Depositary and Information Agent for the Offer, $227,782,000 aggregate principal amount of the Notes, or 41.41% of the aggregate principal amount outstanding, were validly tendered at or prior to the expiration of the Offer and not validly withdrawn. The Offer was made pursuant to the Offer to Purchase (the "Offer Document"). The obligation of the Republic to accept the Old Notes tendered and to pay the consideration for the Old Notes is subject to satisfaction or waiver of certain conditions, which have been satisfied. On September 14, 2023, which is the expected settlement date (the "Settlement Date") for the Offer, the Republic expects to pay for all Old Notes that have been validly tendered and not validly withdrawn.
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