StoneCo announced the completion of its tender offer for its 3.950% Senior Notes due 2028, with $294.56 million or 58.91% of the outstanding $500 million principal amount being validly tendered by the July 30, 2024 expiration time. The final settlement date is expected to be around July 31, 2024.Holders who tendered before the Early Tender Deadline will receive the Total Consideration including Early Tender Consideration, while those tendering by the Expiration Time will receive only the Tender Offer Consideration. All validly tendered notes will be accepted for purchase, with holders also receiving Accrued Interest.The company received the Requisite Consents for amendments to the notes' indenture, which will eliminate substantially all restrictive covenants and allow StoneCo to be replaced as principal debtor by a substituted debtor. A supplemental indenture is expected to be executed around July 31, 2024, though the amendments will only become operative upon settlement payment.

StoneCo announced the completion of its tender offer for its 3.950% Senior Notes due 2028, with $294.56 million or 58.91% of the outstanding $500 million principal amount being validly tendered by the July 30, 2024 expiration time. The final settlement date is expected to be around July 31, 2024.Holders who tendered before the Early Tender Deadline will receive the Total Consideration including Early Tender Consideration, while those tendering by the Expiration Time will receive only the Tender Offer Consideration. All validly tendered notes will be accepted for purchase, with holders also receiving Accrued Interest.The company received the Requisite Consents for amendments to the notes' indenture, which will eliminate substantially all restrictive covenants and allow StoneCo to be replaced as principal debtor by a substituted debtor. A supplemental indenture is expected to be executed around July 31, 2024, though the amendments will only become operative upon settlement payment.