EXOR N.V. (“Exor” or the “Company”), rated BBB+ with stable outlook by Standard and Poor’s,
announces an invitation to eligible noteholders of the Company’s outstanding €750,000,000
2.125 per cent. Notes due 2022 (ISIN XS1329671132) (the 2022 Notes) and the Company’s
outstanding €650,000,000 2.50 per cent. Notes due 2024 (ISIN XS1119021357) (the 2024 Notes
and, together with the 2022 Notes, the Notes), listed on the Luxembourg Stock Exchange, to
tender their Notes for purchase by the Company for cash (such invitations, the Offers).
The terms and conditions of the Offers are described in the Tender Offer Memorandum dated
12 January 2021 and summarized in the Annex hereto. The Offers, which are being made as part
of the Company’s active management of its liabilities, are expected to expire on 19 January 2021.
Exor also announces the launch of a new Euro denominated bond issue (the “New Notes”) to be
listed on the Luxembourg Stock Exchange and admitted for trading on the Euro MTF Market. The
purpose of the issue is to raise new funds for Exor’s general corporate purposes, including the
refinancing of existing debt.
The Offers are not conditioned on the issue and settlement of the New Notes.
BNP Paribas, Citigroup Global Markets Europe AG, ING Bank N.V., Société Générale and UniCredit
Bank AG have been appointed as joint lead managers on the issue of the New Notes. BNP Paribas,
Citigroup Global Markets Limited, Société Générale and UniCredit Bank AG have been appointed
as dealer managers on the Offers.
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