Grevenmacher, 15th September 2025
AAFS Securitisation S.A. (the “Company”), acting in the name and on behalf of its Compartment 16, offers to all bondholders of 2025-Bonds during the period from 16th September 2025 to 26th September 2025, 12:00 CET (the “Exchange Period”) for each one (1) 2025-Bond (BC I) with seven (7) percent per annum fix interest rate in the principal amount of USD 100.000,00 (one hundred thousand USD) one (1) bond of the bearer bonds with seven (7) percent per annum fix interest rate issued by the Company on behalf of its Compartment 28 based on a loan to Amicorp International Ltd (ISIN CH1213604445) (the “2027-Bonds”) in the nominal amount of USD 100.000,00 (one hundred thousand USD) for exchange (the “Exchange Offer”).
Option 1
The 2025-Bonds will be exchanged for the new 2027-Bonds. The previously valid conditions according to the Terms of Issue become invalid and will be replaced with new Terms of Issue. The accrued interest will be paid at 30th September 2025.
Option 2
The 2025-Bonds will be redeemed to the bondholders on the 30th September 2025, including accrued interest.
Detailed information on the Company, the 2025-Bonds and the general terms of this offer can be found in the Terms of Issue of AAFS Securitisation S.A. for the issue of bearer bonds, which is available for free inspection on our website (section “Securitisations”).
The Exchange Offer may be accepted by interested investors (the “Purchasers”) during the Exchange Period in writing through the respective custodian bank of the Purchasers at the paying agent ISP Securities AG, Bel-lerivestrasse 45, 8008 Zurich, Switzerland (the “Paying Agent”) of the Company with stating “Exchange Offer”.
The corresponding number of 2027-Bonds will be delivered to the purchasers on 30th September 2025 (the “Date of Issue”).
Any costs for the delivery are to be borne by the purchaser.
Each Purchaser is advised to consult a tax advisor or other competent person with regard to the tax conse-quences of the exchange, who is able to adequately assess the special tax situation of the Purchaser.
In case there is no feedback received by the bondholders of the 2025 Bonds by the end of 26th September 2025, 12:00 CET, AAFS Securitisation S.A., acting in the name and on behalf of its Compartment Amicorp USD/EUR 2025 (Compartment 16) only for Bond Class I (ISIN CH0435801292), will automatically proceed with Option 1.
For more information about this Compartment, please review the Offer to Exchange, the Terms of Issue and our Compartment Overview.
Issue Date: 30th September 2022
Servicer: AAFS Services S.A.
Securitisation Platform: AAFS Securitisation S.A.
Compartment: Amicorp USD/EUR 2025
Compartment No.: Compartment 16
ISIN: CH1167574743
VALOR: 116757475
WKN: NA
AAFS Services S.A.
Neel Haria, Hans Herrmann Remko van Ekelen