Aviso de redención
19 abril 2024
GRUPO DRAX PLC
(LSE:DRX)
Drax Group plc has made the below announcement on the Luxembourg Stock Exchange in respect of Drax Finco plc's $500,000,000 6 ⅝%Senior Secured Notes due 2025
Senior Seculoed Fixed Rate Notes duy 2025
ISEN Núm.bers: US26151AAA79*(Ruel 144A1) y USG28296AE42* (Reguladoson S2) Common Codes: 181143550*(Rule 144A1) and 181143584* (Reguladoson S2)
On 19 April 2024, Drax Group plc's ("Drax") indirect wholly owned subsidiary, Drax Fincoplc (the "Company"), public limited company incorpo enedunder the laws de England and Wales, gavenotice that, ibienccartillería with Sections 3.03 and 13.01 de la indenturyated como of 26 Abril de 2018 (as heretode proa amended, supplementedo otherwise modified, the "Indenture") among thcomercio electrónicopany, BNY Mellonorteorporcomió Trustee Services Limited, como trustee (las "Trustee"), La Bank of New York Mellon,cting through its London Branctiene paying agent (las "Paying Agent") and calculation agent, La Bank of New York Mellon SA/NV,cting through its Luxembourg Branctiene registras and transplanchar ungent, and Deutsche Bank AG, London Branch, uncting through its London Branctiene securityagent,thecompaNueva Yorkasilected a redeem (subject to satishechoien o waiver de la conditiondescribedbelAy) (the "Redemption") all de it outstanding $500,000,000 Senior Secured FixeDrate NoteDakota del Suruy 2025 (las "Fixed Rate Notes") on the Redemption DComimos (as defined below). El redemption Price (como defined below) will be paid to holders de record as of las Record Date. Capitalized terseñora ustedsed but noatherwise definedhereiNHavethe meanings unascribed to such terms iNuevo TestamentohI endentUre.
1. Ahídemption dComimos fo the Fixed Rate Notes shall be 2 De Mayo 2024 (the "Rojoemption
Date").
2. Ahídemption pricepayment will be made ibienccpalabrasancewith paragraph 5 (Optional Redemption) of the Fixed RComimos Notes. Theresdemptien pricyhe "Redemption Price") will be equal to:
• 100.000% of thy principalamount de tél Fixed RComimos Notes para ser redeemere, paglus
• Additional Amounts, if any, and, accrued and unpaid interest from 1
May 2024 to, but not including, the Redemption Date.
3. El Fixed Rate Notes musser surrendered tAntiguo Testamentohe Paying Agent, to collect the Redemption Price. Payment of thy Redemption Price will be made on or after thy Redemption Date upon presentation and surrender of the FixeDraty Notes at the following address:
El Bank of New York Mellon, London Brancposee Paying Agent
One Canada Square
London E14 5AL
4. On the Redemptionorte reate the Redemption Pricewill becomyuynd payablUEpon eachFixy Rate Note. UnlesS thy Company defaults inmaking the redemptien Payment, intCaracterísticasst on the FixeDrate Notes will cease to accrue on and unfter the Redemptionorte reate ay the only remaining right de Holders will be a receivepayment of thy Redemption Price in respect of the redeemesímount.
5. Ahídemption of the FixeDrate Notes is being effecTed pursuant a paragraph 5 (Optional
Rojoemption) of the Fixed RComimos Notes and in accordancewith Articly Three of the IndenTure.
6. If your FixeDraty Notes have been either lost or destroyed, please notify The Bank of New York Mellon, ya que Paying Agent, promptly. You will oeY qué instructed as to the steps ytu soyustomar in order para receive paymeNuevo Testamento.
El Paying Agentwill withholdunder the U.S. siackup withholding rulesthe statutorily prescribed rate of anypaymenelat ismade tipon redemption of a Fixed Rate Note unless el Holder, ¿quéenotario públicoresenting the Fixed RComimos Notes, Delivers a proptemprano compleTed IRS Form W-9 or an applicable IRS FORM W-8, o el Holdél otherwiseestablishes an exemption fromsuch backup withholding.
*These ISIN andCommon Code numbers son includeasí quelelyfor the convenience of tél yaolders. norteeither the Trustemi, thy Company nor the Paying Agent shall be responsibleforthe selection or use ofany ISIN or Commonorteode number, Nor is any representatien Made as to its correctness o unccuracy on any Fixed Raty Note or as referra ibiennañoedemption notice.
1 Refers tdeixed Rate Notes issued purosUANt to Rule 144A donder the U.S. Securities Act of 1933, as ameencontrado.
2 Refers tdeixed Rate Notes issued purosUANt to regularlation S donder the U.S. Securities Act of 1933, as amended
Enquiries:
Drhacha yonvestor Relations: Marca Sse reunióford
+44 (0) 7730 763 949
Media:
Drhacha Comunicaciones Externas: Andy Low
+44 (0) 7841 068 415
Website: www.drax.com
cautionary StComimosment
This release isfor information purposes only and doesnot constitueres un profesionalspectnosotros o cualquieraftransferir a sell o el solicitatien de un offer a buy any security in thes united States de America or ibiennyother jurisdiction. Securitiesmasíot be offerido o sold in thes united States de America absentregistratien o un exemption from regisunidoien tinderthe Securities Act.
This communication iDakota del Surirected only en persons wHo (i) have profezsionaexp.erience inmattERS relating a investment falling within Article 19(5) de the Financial Services and Markmascotas Act 2000 (Financial Promotion) Order 2005 como unmendedtél "Order"), (ii) son personsfallingwithin Article
49(2)(a) a (d) ("high networth companies, unincorporated comosociations, etc.") de thy Order, (iii) are
parasonSOho ary elutside thUEniTed Kingdom, oriv) are persons tAyhom un invitation or inducement a engage in investmeno unctivity (within the meaning de sectien 21 opiehe Financial Servicpor ejemplo, unnremarkmascotas Act 2000) inconnection withe issue o sale de unnsíotes mayotherwise lawfully ser communicated o caused to bCEommunicaTed (all such persons together being referred a como
"relevantpersons").
Any investmeno unctivity a which this communication relates willonlser unvailableto, and will only beengaged inoroesteith, relevant persons. ANueva York person who isnota relevanuevo person should nno actuar orrely en this document o unny de its contents.
This unannouncement isnota publicoffering iNuevo Testamentohe Granreuchy de Luxembourg or y offer de securities a the publicunder regulatien (Eu) 2017/1129 land anyamendmemoscas therguido.
Manucargar tobjetivo marky (MiDEFENSOR II product governance) isiligible queunterpartículoies unand profezsional client only (unll distribution channels). En PRIIPs key information document (Kidentificación) hasbeen Prepared como the Noteson not available a retail investoros in el European Economic Area.
ForwardLoOking StAtements
This release includes forward-looking statements within tel meaning de the securities laws de certaibienpplicable jurisdictions. These forward-looking statements cun ser identified bythe use offorward- looking terminology, including, but not limited to, terms such as "aim", "anticipate", "assume", "believe", "continue", "could", "estimate", "expect", "forecast", "guidance", "intend", "may", "Ohutlook",
"plan", "predict", "project", "should", "will"o "would" or, iningunoachcase, theirnegative, or other variations
or comparable terminology.se forward-looking personaltements include, but are not limited to, all statements otherthan stateme of historicasiacts and include statements regarding drx's intentions, beliefs or current expectations concerning,mong other things, Dra.x's futUre financial conditions unndperfOrmance, results de operations unand liquidity, strategy, Plans, objectives, prospects, growth, goals and tArgets, future developments in tel markmascotas inoroestehich Drax partículoicipate or are
seeking a partículoicipate, and unnticipatyregulatory changes iNuevo Testamentohe industry inoroestehichDrax operate By theirnaturyo, paraward-looking personalteme involve known and unknEL DESARROLLADOR riSKS, uncertaintipor ejemplo, unnpuntoher factors becauseleañoelate to eveno es unnd depend oncircumstances thatmay or masíot occur iNuevo Testamentohy fuetura Readers son cautionEDThat forward-looking personaltements son not guarantees of future performularioance and are based on numerous assumptions. Given camisetahesrisks unandunctempranointies, ReadERS should notrely en fhacia adelante looking personaltements as a prediction of actuyasults.
END
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