Alicorp S.A.A. Announces Average Representative Market Rate for Payment of Consideration for Tender Offer

Alicorp S.A.A. Announces Average Representative Market Rate for Payment of Consideration for Tender Offer

CALLAO, Peru, June 13, 2025 /PRNewswire/ -- Alicorp S.A.A. ("Alicorp" or the "Company") (Lima Stock Exchange: ALICORC1 and ALICORI1) announces the Average Representative Market Rate applicable to calculate the amount of U.S. dollars payable for the Consideration for all Notes accepted for purchase in its tender offer for cash (the "Offer") for any and all of its outstanding 6.875% Senior Notes due 2027 (CUSIP Nos. 016234 AC0 and P0161K DW0) (the "Notes"). Capitalized terms used but not defined have the meanings assigned to them in the Offer to Purchase, dated June 3, 2025 (the "Offer to Purchase").

The Average Representative Market Rate is S/ 3.6347.  As a result, assuming the consummation of the Financing Condition and following the application of the Pool Factor, the aggregate total amount of U.S. dollars (including accrued interest) payable on the Settlement Date for the Notes that were validly tendered and are expected to be accepted for purchase is U.S.$202,042,117.74.

Alicorp engaged BBVA Securities Inc., BofA Securities, Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC as the Dealer Managers for the Offer. Persons with questions regarding the Offer should contact BBVA Securities Inc. at (212) 728-1607 (Collect) or (800) 422-8692 (Toll Free), BofA Securities, Inc. at (646) 855-8988 (Collect) or (888) 292-0070 (Toll Free), Goldman Sachs & Co. LLC at (212) 357-1452 (Collect) or (800) 828-3182 (Toll Free), and J.P. Morgan Securities LLC at (212) 834-7279 (Collect) or (866) 846-2874 (Toll Free).  

The complete terms and conditions of the Offer are described in the Offer to Purchase, copies of which are available at the following web address: http://www.dfking.com/alicorp, or may also be obtained from D.F. King & Co., Inc. ("D.F. King"), the Information Agent and Tender Agent for the Offer, by contacting D.F. King at (877) 361-7972 (Toll-Fee) or (212) 269-5550 (Collect), or email alicorp@dfking.com.

This press release is not an offer to sell the Notes or any securities and it is not soliciting an offer to buy the Notes or any securities. Alicorp has neither obtained any commitments to purchase, nor entered into any agreements, to sell any securities. None of Alicorp, the Dealer Managers, the Tender Agent, the Information Agent or the Trustee for the Notes makes any recommendation in connection with the Offer. Please refer to the Offer to Purchase for a description of offer terms, conditions, disclaimers and other information applicable to the Offer.

About Alicorp
Alicorp is a leading Latin American producer, distributor and marketer of branded consumer products under three business segments: consumer goods; aquafeed; and B2B (business to business) branded products. Alicorp is headquartered in Peru, where it operates 29 manufacturing facilities, and has international operations in Ecuador, Chile, Bolivia and Honduras.

Forward-Looking Statements
Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Alicorp's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Alicorp's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.  Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by law, Alicorp does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time and it is not possible for management to predict all such factors.

Contacts: Alicorp S.A.A.
Av. Argentina N° 4793
Carmen de la Legua Reynoso
Provincia Constitucional del Callao
Peru+51 (1) 315-0800

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SOURCE Alicorp S.A.A.