BEWI extends tender offer for senior unsecured bonds

BEWI ASA has announced an extension of its tender offer for the outstanding €250,000,000 senior unsecured bonds due 2026. The initial offer, announced on August 29, 2025, was set to expire on September 4, 2025. The company has now extended the tender period until the closing of the bookbuilding process for its new bonds, which is anticipated to occur today, September 5, 2025.

The terms of the tender offer remain unchanged, with BEWI offering to repurchase the existing bonds at a purchase price of 101.40% of the nominal amount plus accrued and unpaid interest. This extension aims to provide bondholders with further opportunity to participate.

Conditional upon the successful issuance of the new bonds, BEWI intends to exercise its right for early redemption of any existing bonds not tendered in the offer. These will be redeemed at 101.380% of the nominal amount, plus accrued but unpaid interest. DNB Carnegie and Nordea Bank Abp are serving as dealer managers for the tender offer.