Prosus Sets Terms for $1 Billion Senior Notes Tender Offer
Prosus N.V. has finalized the financial parameters for its cash tender offer targeting outstanding 3.257% senior notes due in 2027. Following the successful pricing of new debt earlier this week, the company confirmed a maximum purchase threshold of approximately $1.036 billion for the existing securities.
The Amsterdam-based firm determined the capped amount after pricing $650 million in 5.528% senior notes due 2033 and $1 billion in 5.873% notes due 2036. With the total principal amount of the notes subject to the tender offer standing at $1 billion, the company is prepared to accept all validly tendered securities up to that full aggregate value.
Investors seeking to participate must refer to the formal Offer to Purchase document dated July 6, 2026, which outlines the complete terms and legal restrictions. Prosus has engaged D.F. King as the information and tender agent to manage the process, with BNP Paribas, BofA Securities, and Goldman Sachs serving as dealer managers. The company advises holders to consult with their own financial or legal counsel before making decisions, as this announcement serves only for informational purposes and does not constitute an offer in jurisdictions where such solicitation is restricted.
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