StoneCo has initiated a cash tender offer to purchase all of its outstanding 3.950% senior notes due 2028, as part of its ongoing liability management strategy. The company is simultaneously soliciting consents from noteholders to amend the indenture, aiming to eliminate most restrictive covenants and modify certain default provisions.The tender offer includes a total consideration of US$880 per US$1,000 principal amount, comprising US$850 as base tender offer consideration and US$30 as early tender consideration for holders who tender by July 15, 2024. The outstanding principal amount of the notes is US$500 million.The offer expires on July 30, 2024, with an early tender deadline of July 15, 2024. The early settlement date is expected around July 17, 2024, while the final settlement date is anticipated to be July 31, 2024. A soliciting broker fee of US$2.50 per US$1,000 will be paid for retail orders of US$250,000 or less.

StoneCo has initiated a cash tender offer to purchase all of its outstanding 3.950% senior notes due 2028, as part of its ongoing liability management strategy. The company is simultaneously soliciting consents from noteholders to amend the indenture, aiming to eliminate most restrictive covenants and modify certain default provisions.The tender offer includes a total consideration of US$880 per US$1,000 principal amount, comprising US$850 as base tender offer consideration and US$30 as early tender consideration for holders who tender by July 15, 2024. The outstanding principal amount of the notes is US$500 million.The offer expires on July 30, 2024, with an early tender deadline of July 15, 2024. The early settlement date is expected around July 17, 2024, while the final settlement date is anticipated to be July 31, 2024. A soliciting broker fee of US$2.50 per US$1,000 will be paid for retail orders of US$250,000 or less.