MHP SE TAP OFFERING CLOSING ANNOUNCEMENT
Summary by AI BETAClose X
10 February 2026
MHP SE TAP OFFERING CLOSING ANNOUNCEMENT
MHP SE, the parent company of a leading international food and agricultural group with Ukrainian roots and one of the largest poultry producers in Europe, has announced the closing of an additional U.S.$100 million aggregate principal amount of 10.500% notes due 2029 (the "Additional Notes") of its wholly owned subsidiary, MHP Lux S.A., a company incorporated in Luxembourg (together with MHP SE and its consolidated subsidiaries, the "Group") to be consolidated and form a single series with the U.S.$450 million aggregate principal amount of 10.500% notes due 2029 issued by MHP Lux S.A. on 28 January 2026 (the "Original Notes" and together with the Additional Notes, the "Notes"). The Additional Notes were issued at an issue price of 104.000%, plus accrued interest from January 28, 2026 up to, but excluding, the issue date of the Additional Notes.
The Group will use the proceeds of the Additional Notes, along with the proceeds of the Original Notes, to fund the tender offer and redemption of the entire U.S.$550 million outstanding aggregate principal amount of MHP Lux S.A.'s 6.95% Notes due 2026 (the "2026 Notes"). The Offering replaces the use of U.S.$100 million of the Group's internal cash that was originally earmarked for partial repayment of the 2026 Notes. The retained cash, including the proceeds in excess of U.S.$100 million, will instead be primarily kept outside of Ukraine and allocated to the Group's future investment initiatives, including capital expenditures and ongoing operational needs.
Disclaimer
This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy securities to any person in the United States or in any jurisdiction to whom or in which such offer or solicitation is unlawful, and persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. The securities referred to herein may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended (the "Securities Act"), or another exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the securities in the United States.
This announcement is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as relevant persons). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents.
This announcement is not an advertisement of securities in Ukraine, and is not an offer or invitation to, or solicitation of, any such circulation, distribution, placement, sale, purchase or other transfer of the securities in the territory of Ukraine. It is not intended to be and must not be publicly distributed in or into Ukraine.
This announcement, or any other documents or materials relating to the Offering, as well as any disclosure statements or information therein relating to the Offering will not be released, issued, published, communicated, advertised or disseminated to the public in Cyprus.
This announcement and all other documents and materials relating to the Offering do not constitute investment advice or a recommendation under Cyprus law, nor do they constitute an offer or advertisement of securities in Cyprus, they are not intended to be and must not be distributed via information distribution channels or to the public in Cyprus.
Neither this announcement nor any other documents or materials relating to the Offering (whether in its preliminary or final form) has been registered or is intended to be registered and has not been submitted or is intended to be submitted for approval to the Cyprus Securities and Exchange Commission ("CySEC").
This announcement and any other documents and materials relating to the Offering may be distributed in Cyprus by a duly licensed investment firm or by a credit institution authorized under Directive 2013/36/EU or by a third-country firm providing investment services or performing investment activities through the establishment of a branch in Cyprus (collectively, the "Authorised Intermediaries"), permitted and authorised to provide investment services and conduct investment activities in Cyprus in accordance with the following enactments:
(a) the Investment Services and Activities and Regulated Markets Law, No. 144 (I) of 2007, as amended from time to time (the "2007 Investment Services Law");
(b) the Investment Services and Activities and Regulated Markets Law, No. 87(I)/2017, as amended from time to time (the "2017 Investment Services Law");
(c) Regulation (EU) No. 600/2014 of the European Parliament and of the Council of May 15, 2014 on markets in financial instruments and amending Regulation (EU) No. 648/2012, as amended from time to time ("MiFIR"),
and only to professional clients in Cyprus as defined in the 2007 Investment Services Law and in the 2017 Investment Services Law.
This announcement and any other documents and materials relating to the Offering may not be used for any invitation or solicitation purposes for or in connection with the sale, marketing, offering or acquisition of any securities in Cyprus in circumstances under which it is unlawful under Cyprus laws to make such an invitation or solicitation.
Please address any questions or concerns to:
Anastasiia Sobotiuk (Kyiv)
IR Director, ESG Compliance and Reporting +38 050 339 29 99
Christakis Taoushanis (Cyprus)
Senior Independent Director +357 99 35 22 22
t.taoushanis@mhp.com.cy
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