Vodafone Launches Tender Offer for 4.25% Notes Due 2027

TL;DR

Vodafone is buying back its 2027 USD notes - watch for pricing!

AI Summary

Vodafone Group Plc announced on September 9, 2025, the launch of a cash tender offer for its outstanding USD 1,500,000,000 4.250% Senior Notes due 2027. The offer aims to repurchase these notes, with the company potentially offering to purchase up to the maximum aggregate principal amount of notes that can be repurchased within the available cash on hand.

Why It Matters

This tender offer indicates Vodafone's proactive debt management strategy, potentially signaling a move to refinance or reduce its outstanding debt obligations.

Risk Assessment

Risk Level: medium — Tender offers can impact a company's liquidity and debt structure, and the success of the offer depends on market conditions and investor participation.

Key Numbers

• USD 1,500,000,000 — Principal Amount of Notes (The total face value of the senior notes being offered for repurchase.)
• 4.250% — Coupon Rate (The annual interest rate on the notes subject to the tender offer.)

Key Players & Entities

• Vodafone Group Plc (company) — Issuer of the tender offer
• USD 1,500,000,000 4.250% Senior Notes due 2027 (dollar_amount) — Notes subject to the tender offer
• September 09, 2025 (date) — Date of the tender offer announcement

FAQ

Key Financial Figures

• $500,000,000 — er") any and all of its outstanding U.S.$500,000,000 NC5.25 Capital Securities Due 2081 with
• $989.00 — #xA0;   98.90% (equal to U.S.$989.00 per U.S.$1,000 principal amount of Note
• $1,000 — 98.90% (equal to U.S.$989.00 per U.S.$1,000 principal amount of Notes)   &
• $30.00 —     3.00% (equal to U.S.$30.00 per U.S.$1,000 principal amount of Note
• $959.00 — #xA0;   95.90% (equal to U.S.$959.00 per U.S.$1,000 principal amount of Note

Filing Documents

• a5698y.htm (6-K) — 78KB
• 0001654954-25-010522.txt ( ) — 80KB

forward-looking statements are not guarantees of any future

forward-looking statements are not guarantees of any future performance and are necessarily estimates reflecting the best judgment of the senior management of the Company and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking should be considered in light of various important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements, which include, without limitation, the risk factors set forth in the Offer to Purchase. The Company cannot guarantee that any forward-looking statement will be realised, although it believes it has been prudent in its plans and assumptions. Achievement of future results is subject to risks, uncertainties and assumptions that may prove to be inaccurate. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated or projected. The Company undertakes no obligation to update publicly or release any revisions to these

forward-looking statements to reflect events or circumstances or to

forward-looking statements to reflect events or circumstances or to reflect the occurrence of unanticipated events, except as required by applicable law.     ENDS     About Vodafone Group    Vodafone is a leading European and African telecoms company.   We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world's internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world's largest IoT platforms, with over 215 million IoT connections, and we provide financial services to around 92 million customers across seven African countries - managing more transactions than any other provider.   From the seabed to the stars, Vodafone's purpose is to keep everyone connected.   For more information, please visit  www.vodafone.com   follow us on X at @VodafoneGroup or connect with us on LinkedIn at   www.linkedin.com/company/vodafone.     For more information, please contact:   Investor Relations:   i nvestors.vodafone.com   ir@vodafone.co.uk   Media Relations:   Vodafone.com/media/contact     GroupMedia@vodafone.com Registered Office: Vodafone House, The Connection, Newbury, Berkshire RG14 2FN, England. Registered in England No. 1833679        

SIGNATURES

SIGNATURES       Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorised.       VODAFONE GROUP   PUBLIC LIMITED COMPANY   (Registrant)         Date: September 09, 2025 By: /s/ M D B   Name: Maaike de Bie   Title: Group General Counsel and Company Secretary

View Full Filing

View this 6-K filing on SEC EDGAR