Alicorp announce settlement of the tender offer

Nov 06, 2015, 17:14 ET from Alicorp, S.A.A.

CALLAO, Peru, Nov. 6, 2015 /PRNewswire/ -- Alicorp, S.A.A. ("Alicorp" or the "Company") (Lima Stock Exchange: ALICORC1 and ALICORI1) announced today the settlement of its previously announced tender offer for cash (the "Tender Offer") for any and all of its outstanding 3.875% Senior Notes due 2023 (CUSIP Nos. 016234AA4 and P0161KDN0) (the "Notes").  The Tender Offer expired November 2, 2015 at 5:00 p.m., New York City time.  The total aggregate principal amount of Notes validly tendered and accepted for purchase by the Company was $237,218,000

The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or applicable state securities laws, and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements of the Securities Act. The Notes were offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to persons outside the United States pursuant to Regulation S of the Securities Act. Unless so registered, the Notes may not be offered or sold in the United States except pursuant to an exemption under the Securities Act and applicable state securities laws.

Alicorp engaged BofA Merrill Lynch as the Dealer Manager for the Tender Offer.

This press release does not constitute an offer to sell or solicitation of an offer to buy the Notes or any security, nor will there be any sale of the Notes or any such security in any jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Alicorp
Alicorp is a leading consumer goods company headquartered in Peru, with operations in other Latin American countries, such as Argentina, Brazil, Chile, Ecuador, and exports to 23 other countries. The Company focuses on three core businesses: (1) Consumer Products (food, personal and home care products), in Peru, Brazil, Argentina, Ecuador, Colombia and other countries, (2) Industrial Food Products (industrial flour, industrial lard, pre-mix and food service products), and (3) Animal Nutrition (fish and shrimp feeding).

Forward-Looking Statements
This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions. Alicorp assumes no obligation to update or correct the information contained in this press release.

SOURCE Alicorp, S.A.A.