REG - Kraft Foods Inc. - Mondelez International, Inc. Tender Offer Results <Origin Href="QuoteRef">MDLZ.O</Origin>

Mondelez InternationalAnnouncement

05/01/2016 13:49

RNS Number : 9838G
Kraft Foods Inc.
25 November 2015
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. PERSONS INTO WHOSE POSSESSION THIS DOCUMENT COMES ARE REQUIRED BY THE ISSUER, THE DEALER MANAGERS AND THE TENDER AGENT TO INFORM THEMSELVES ABOUT, AND TO OBSERVE, ANY SUCH RESTRICTIONS. 
25 November 2015
Mondelz International, Inc.Announces RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS 350,000,000 7.25 per cent. Notes due July 2018
Further to the announcement on 17 November 2015, Mondelz International, Inc. (formerly known as Kraft Foods Inc.) (such Notes originally issued by Cadbury Schweppes Finance p.l.c. and substituted for Mondelz International, Inc. on 10 December 2010 in accordance with the Conditions) (the "Issuer") hereby announces the results of its tender offer (the "Offer") for any and all of its outstanding 350,000,000 7.25 per cent. Notes due July 2018 (ISIN: XS0377058614) (the "Notes").
The Offer was made on the terms and subject to the conditions set out in the Tender Offer Memorandum dated 17 November 2015 (the "Tender Offer Memorandum") and the Notice of Guaranteed Delivery prepared in connection with the Offer. Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.
The Offer expired at 16:00 hours (London time) / 11:00 hours (New York City time) on 24 November 2015 (the "Expiration Time"). The Purchase Price (as set out below) was determined at or around 14:00 hours (London time) / 9:00 hours (New York City time) on 25 November 2015. 
According to information provided by Citibank N.A., London Branch, the Tender Agent for the Offer, 247,125,000 aggregate principal amount of the Notes were validly tendered at or prior to the Expiration Time and not validly withdrawn. As of the Expiration Time, no notices of guaranteed delivery were delivered to the Tender Agent.
The following table sets forth certain information relating to the pricing of the Offer as well as the results of the Offer:
Notes
ISIN
Amount Outstanding
Principal Amount Tendered
Benchmark Reference Security
Benchmark Reference Security Yield
Fixed Spread
Purchase Yield
Purchase Price*
Accrued Interest**
350,000,000 7.25 per cent. Notes due July 2018
XS0377058614
350,000,000
247,125,000
1.250 per cent. UK Treasury Gilt due 2018 (ISIN: GB00B8KP6M44)
0.811%
+85 bps
1.661%
1,143.38
26.59647
* per 1,000 principal amount of Notes accepted for purchase.
** per 1,000 principal amount of Notes accepted for purchase assuming payment for the purchased Notes is made on 30 November 2015. 
The Issuer accepts for purchase all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time, resulting in an aggregate principal amount purchased of 247,125,000. The conditions to the Offer have been satisfied; therefore, the Issuer expects the payment for the purchased Notes to be made on 30 November 2015 (the "Settlement Date"). In addition, Holders who have delivered a notice of guaranteed delivery prior to the Expiration Time are required to deliver a Tender Instruction to the Tender Agent on or before 16:00 hours (London time) / 11:00 hours (New York City time) on the Settlement Date. 
In addition, Holders whose Notes are purchased in the Tender Offer will be paid accrued and unpaid interest on their purchased Notes from the last interest payment date up to, but not including, the Settlement Date. 
Barclays Bank PLC, Goldman Sachs International and HSBC Bank plcare acting as Dealer Managers for the Offer and Citibank N.A., London Branch is acting as Tender Agent.
Questions and requests for assistance in connection with the Offer may be directed to the Lead Dealer Managers.
Lead Dealer Managers
Barclays Bank PLC
5 The North Colonnade 
Canary Wharf 
London E14 4BB
United Kingdom 
Telephone: +44 (0) 20 3134 8515 
Attention: Liability Management Group 
Email: eu.lm@barclays.com
Goldman Sachs International
Peterborough Court
133 Fleet Street
London EC4A 2BB
United Kingdom
Telephone: +44 (0) 20 7774 9862
Attention: Liability Management Group
Email: liabilitymanagement.eu@gs.com
Co-Dealer Manager
HSBC Bank plc
8 Canada Square
Canary Wharf
London E14 5HQ
United Kingdom
Questions and requests for assistance in connection with the delivery of Tender Instructions may be directed to the Tender Agent.
Tender Agent
Citibank N.A., London Branch
Citigroup Centre
Canada Square
Canary Wharf
London E14 5LB
United Kingdom
Telephone: +44 20 7508 3867
Attention: Exchange Team
Email: exchange.gats@citi.com
Unless stated otherwise, announcements in connection with the Offer will be made via RNS and will be made available on the Issuer's website at www.mondelezinternational.com/investors. Such announcements may also be made by (i) the issue of a press release, including to a Notifying News Service and (ii) the delivery of notices to the Clearing Systems for communication to Direct Participants. Copies of all such announcements, press releases and notices can also be obtained from the Tender Agent, the contact details for whom are on the last page of the Tender Offer Memorandum. Significant delays may be experienced where notices are delivered to the Clearing Systems and Noteholders are urged to contact the Tender Agent for the relevant announcements relating to the Offer.
DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. None of the Dealer Managers, the Tender Agent and the Issuer makes any recommendation or representation whatsoever regarding the Offer.
None of the Dealer Managers, the Tender Agent and any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for the accuracy or completeness of the information concerning the Issuer, the Notes or the Offer contained in this announcement or in the Tender Offer Memorandum. None of the Dealer Managers, the Tender Agent and any of their respective directors, officers, employees, agents or affiliates is acting for any Holder, or will be responsible to any Holder for providing any protections which would be afforded to its clients or for providing advice in relation to the Offer, and accordingly none of the Dealer Managers, the Tender Agent and any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for any failure by the Issuer to disclose information with regard to the Issuer or the Notes which is material in the context of the Offer and which is not otherwise publicly available. No offer or invitation to acquire or sell securities is being made pursuant to this announcement. The distribution of this announcement and the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession either this announcement or the Tender Offer Memorandum comes are required by each of the Issuer, the Dealer Managers and Tender Agent to inform themselves about, and to observe, any such restrictions.

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