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A Update on the Republic of Slovenia Tender Offer and a potential launch of a new 30 year Republic of Slovenia bond

A Update on the Republic of Slovenia Tender Offer and a potential launch of a new 30 year Republic of Slovenia bond

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Tender: 

Tender Expiration Deadline: Today at 5:00 pm CET

Tender Announcement of Results: During the course of tomorrow morning

Tender Settlement Date: 20th of October

New Line:

A new EUR 30yr issue is expected to be launched as early as tomorrow, subject to market conditions.

The Republic of Slovenia (the Issuer), rated A3 (stable)/AA- (stable)/A (stable), has mandated Barclays Bank PLC, BNP Paribas, Commerzbank, Goldman Sachs International Bank, J.P. Morgan and UniCredit as Joint Dealer Managers for a Tender Offer for the Issuer's outstanding January 2021 and April 2021 EUR securities. Additionally, the Republic will consider a Euro-denominated Reg S transaction in dematerialized registered form, subject to market conditions and the results of the concurrent Tender Offer. Relevant stabilization (including FCA/ICMA) applies. Manufacturer target market (MIFID II product governance) are eligible counterparties and professional investors (all distribution channels) and also retail investors (all distribution channels).

Not for distribution in or into or to any person located or resident in any jurisdiction where such distribution would be unlawful.

This announcement must be read in conjunction with the Tender Offer Memorandum. This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to the Offer. If any Holder is in any doubt as to the contents of this announcement and/or the Tender Offer Memorandum or the action it should take, it is recommended to seek its own financial and legal advice, including in respect of any tax consequences, immediately from its broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Notes pursuant to the Offer. The Dealer Managers are acting exclusively for the Republic and no one else in connection with the arrangements described in this announcement and the Tender Offer Memorandum and will not be responsible to any Holder for providing the protections which would be afforded to customers of the Dealer Managers or for advising any other person in connection with the Offer. None of the Republic, the Dealer Managers or the KDD has made or will make any assessment of the merits and risks of the Offer or of the impact of the Offer on the interests of the Holders either as a class or as individuals, and none of them makes any recommendation as to whether Holders should tender Notes pursuant to the Offer. None of the Republic, the Dealer Managers or the KDD (or any of their respective directors, officers, employees agents or affiliates) is providing Holders with any legal, business, tax or other advice in this announcement and/or the Tender Offer Memorandum. Holders should consult with their own advisers as needed to assist them in making an investment decision and to advise them whether they are legally permitted to tender Notes for cash.

This announcement and/or the Tender Offer Memorandum does not constitute an invitation to participate in the Offer in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws. The distribution of this announcement and/or the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum comes are required by each of the Republic, the Dealer Managers and the KDD to inform themselves about, and to observe, any such restrictions.