Trafigura announced that it will accept purchasing validly tendered securities under its tender offer launched on September 13, 2021 for its $800mn 6.875% Perp. Trafigura will purchase the securities in for cash to the tune of $320.821mn in principal. The maximum acceptance amount under its offer was set at $400mn. Of the amount purchased, $166.092mn in securities will be accepted from Priority Qualifying Holders, and $154.729mn in securities will be accepted for purchase from Non-Priority Qualifying Holders. The purchase price was 101.162 per 100 in principal at a fixed purchase yield of 2.049%.
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