The Tender Offer expired at 11:59 p.m., New York City time, on July 8, 2016.
As announced by the Bank on June 24, 2016, the Maximum Tender Amount had been reached in respect of tenders of Notes made on or prior to the Early Tender Date. The Bank hereby announces that it did not elect to increase the Maximum Tender Amount. Accordingly, because the Tender Offer was fully subscribed as of the Early Tender Date, Notes that were validly tendered after the Early Tender Date and on or prior to the Expiration Date will not be accepted for purchase by the Bank. Any Notes tendered pursuant to the Tender Offer but not accepted for purchase by the Bank will be promptly returned to Holders.
Accordingly, as announced by the Bank on June 24, 2016, U.S.$199,900,000 in principal amount of the Notes was purchased by the Bank pursuant to the Tender Offer, which represents approximately 12.5% of the principal amount outstanding of Notes that was outstanding immediately prior to commencement of the Tender Offer as of June 10, 2016.
This announcement does not constitute an offer to sell any securities or the solicitation of an offer to buy any securities.
D. F. King & Co., Inc. acted as the tender agent and as the information agent (the "Tender and Information Agent") for the Tender Offer. BB Securities Ltd., Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as Dealer Managers (the "Dealer Managers") for the Tender Offer.
The Tender and Information Agent for the Tender Offer was:
D.F. King & Co., Inc.
In New York.
48 Wall Street
New York, NY 10005
Banks and Brokers: (212) 269-5550
Toll free (U.S. only): (800) 821-2794
125 Wood Street
London EC2V 7AN
Telephone: +44 20 7920 9700
In Hong Kong:
Suite 1601, 16/F, Central Tower
28 Queen's Road Central
Central Hong Kong
Telephone: +852 3953 7230
By Facsimile (For Eligible Institutions only): (212) 709-3328
Confirmation: (212) 232-3235
Attention: Peter Aymar
The Dealer Managers for the Tender Offer were:
BB Securities Ltd.
4th Floor – Pinners Hall
105-108 Old Broad Street
London EC2N 1ER
Collect: +44 (20) 7367-5800
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Debt Advisory Group
One Bryant Park
New York, NY 10036
US Toll Free: +1 (888) 292-0070
Collect: +1 (646) 855-8988
Citigroup Global Markets Inc.
Liability Management Group
390 Greenwich Street, 1st Floor
New York, NY 10013
US Toll-Free: +1 (800) 558-3745
Collect: +1 (212) 723-6106
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/banco-do-brasil-sa-announces-the-final-tender-results-of-the-tender-offer-for-its-9250-perpetual-non-cumulative-junior-subordinated-securities-300296384.html
SOURCE Banco do Brasil S.A.