NOT FOR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES").
Talanx successful in buying back selected outstanding bonds
Hannover, 10 July 2012
Talanx AG has encountered a very strong response from noteholders to its invitation to buy back selected bonds. Overall, investors have offered the company outstanding bonds with a nominal amount of around 204 million euros for buy-back. Talanx will buy back all offered bonds. The interest expressed even slightly exceeds the initial maximum acceptance amount of up to 200 million euros which Talanx indicated at the launch of the transaction.
On 21 June 2012, Talanx AG invited noteholders to express their interest in a buy-back by 6 July 2012. On the settlement date of 11 July 2012, Talanx will buy back a nominal amount of around 108 million euros of notes due in 2024 issued by HDI-Gerling Industrie Versicherung AG (ISIN: XS0198106238) and about 96 million euros of notes due in 2025 issued by Talanx Finanz (Luxemburg) S.A. (ISIN: XS0212420987).
|Nominal amount accepted for purchase
Industrie Versicherung AG *
||EUR 250 million
||~ EUR 108 million
||EUR 350 million
||~ EUR 96 million
|* Legal successor to Gerling-Konzern Allgemeine Versicherungs-AG
This notice, the Invitation Memorandum in connection with the Invitation described herein and the Invitation are not for distribution, directly or indirectly, in or into or to any person located or resident in the United States.
The Invitation referenced herein is not being made, directly or indirectly, in or into the United States by use of the mails or by any means or instrumentality (including, without limitation, e-mail, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or of any facility of a national securities exchange of the United States and the Invitation cannot be accepted by any such use, means, instrumentality or facility or from within the United States.
This notice, the Invitation Memorandum and the Invitation do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States.
Nothing in this notice constitutes an offer to buy or the invitation to offer to sell securities in Italy (except as set out in the Invitation Memorandum), Belgium (except as set out in the Invitation Memorandum), the Republic of France (except as set out in the Invitation Memorandum) or any other jurisdiction in which such offer or solicitation would be unlawful.
The Invitation Memorandum and the Invitation may only be communicated to persons in the United Kingdom in circumstances where section 21 (1) of the Financial Services and Markets Act 2000 does not apply.
The distribution of the Invitation Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession the Invitation Memorandum comes are required by the Company, the Dealer Manager and the Tender Agent to inform themselves about, and to observe, any such restrictions. See "Invitation and Distribution Restrictions" in the Invitation Memorandum.