Prosus Price New Tranche Bonds USD 10 years and Bonds EUR Tranche 8 years and 12 years


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AMSTERDAM – (COMMERCIAL THREAD) – Prosus NV (Prosus) (Euronext Amsterdam: PRX; JSE: PRX) announces that on July 7, 2021, Prosus valued the notes in USD and EUR for a total principal amount totaling the equivalent of 4.0 billion of US dollars as part of its global medium-term note program. These issues consist of US $ 1.85 billion of 3.061% bonds due 2031, € 1.0 billion of 1.288% bonds due 2029 and € 850 million of bonds. at 1.985% maturing in 2033 (the “Bonds”).

The current favorable market context has enabled Prosus to extend the maturity profile of its debt in the context of refinancing its existing debt.

The purpose of the offers is to bring together products for general corporate purposes, including debt refinancing, which may take the form of repayments, maturity repayments, takeover bids, redemptions or other transactions.

This funding is expected to be rating neutral for Prosus. Prosus remains committed to an Investment Grade credit rating, as management believes this is important to provide the group with access to the debt capital market at attractive rates.

Offers are expected to close on July 13, 2021, subject to customary closing conditions.

An application has been filed with the Irish Stock Exchange plc operating as Euronext Dublin for the Bonds to be admitted to the Official List and traded on the Euronext Dublin Global Exchange Market.

Caution

This announcement is for informational purposes only and does not constitute a prospectus or an offer to sell or the solicitation of an offer to buy any securities in the United States or in any other jurisdiction. The securities mentioned in this document have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”) or applicable state or foreign securities laws and may not be offered or sold in the United States without registration under any federal or state securities laws or an applicable exemption from such registration requirements. All of the securities referred to in this document have been and will be offered (i) in the United States only to investors who are reasonably believed to be both (1) Qualified Institutional Purchasers in accordance with Securities Rule 144A Qualified Buyers Act and (2) (as defined in Section 2 (a) (51) (a) of the United States Investment Companies Act of 1940, as amended (the ” Investment ‘), and the rules and regulations promulgated hereunder or (ii) outside the United States to investors who are both (1) non-United States residents (as defined for the purposes of the Investment Company Act) and (2) non-US persons (as defined in Regulation S under the Securities Act).

This announcement contains information that qualifies, or may be characterized, as inside information within the meaning of Article 7 (1) of the Market Abuse Regulation (EU) 596/2014.

This announcement may include forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Prosus ‘control and all of which are based on Prosus’ current beliefs and expectations regarding future events. Forward-looking statements are sometimes identified by the use of forward-looking terms such as “aim”, “annualized”, “anticipate”, “assume”, “believe”, “continue”, “could”, “estimate”, “” s ‘expect’, ‘foresee’, ‘goal’, ‘hope’, ‘intend’, ‘likely’, ‘power’, ‘goal’, ‘plan’, ‘position’, ‘potential’, ‘ predict “,” project “,” risk “,” seek “,” should “,” target “,” will “or” would “or the highlights or negatives thereof, other variations or terminology comparable. These forward-looking statements include all matters which are not historical facts.

These forward-looking statements and other statements contained in this announcement regarding matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved; actual events or results may differ materially due to the risks and uncertainties that Prosus faces. These risks and uncertainties could cause actual results to vary significantly from future results indicated, expressed or implied in these forward-looking statements.

The forward-looking statements contained in this announcement speak only as of the date on which they are made. Except as required by applicable laws and regulations, Prosus expressly disclaims any obligation or commitment to update or revise any forward-looking statements contained in this announcement to reflect any change in its expectations or any change in the events, conditions or circumstances upon which these statements are based.

About Prosus

Prosus is a global consumer internet group and one of the world’s largest technology investors. Operating and investing globally in markets with long-term growth potential, Prosus creates leading consumer internet companies that empower people and enrich communities.

The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors in markets such as India, Russia and Brazil. Thanks to its team of companies, Prosus invests in areas such as healthcare, logistics, blockchain and social commerce. Prosus actively seeks new partnership opportunities with outstanding entrepreneurs who use technology to improve people’s daily lives.

Every day, millions of people use the products and services of companies in which Prosus has invested, acquired or built, including 99minutos, Avito, Brainly, BUX, BYJU’S, Bykea, Codecademy, DappRadar, DeHaat, dott, ElasticRun, eMAG, Eruditus, Flink, GoodHabitz, Honor, iFood, Klar, LazyPay, letgo, Meesho, Movile, Oda, OLX, PayU, Quick Ride, Red Dot Payment, Remitly, Republic, Shipper, SimilarWeb, Skillsoft, SoloLearn, Swiggy, Udemy, Urban Company and Wolt.

Hundreds of millions of people have integrated Prosus employee platforms into their daily lives. For listed companies in which we have an interest, please see: Tencent, Mail.ru, Trip.com Group Limited and DeliveryHero.

Today, Prosus companies and associates help improve the lives of more than 2 billion users around the world.

Prosus has a primary listing on Euronext Amsterdam (AEX: PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE: PRX) and A2X Markets (PRX.AJ). Prosus is majority owned by Naspers.

For more information, please visit www.prosus.com.

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