To view the PDF file, sign up for a MySharenet subscription.
Back to AII SENS
AIMIA:  0   0 (0.00%)  30/06/2026 12:16

AIMIA INC - Aimia announces results of its tender offer to purchase its outstanding 9.75% Senior Notes

Release Date: 30/06/2026 07:05
Code(s): AII     PDF:  
Wrap Text
Aimia announces results of its tender offer to purchase its outstanding 9.75% Senior Notes

AIMIA INC.
(Incorporated in Canada)
(Corporation number: 1563505-5)
TSX share code: AIM JSE share code: AII
ISIN: CA00900Q1037
LEI: 5299005QK3KSTUZ66Y90
("Aimia" or "the Company")


AIMIA ANNOUNCES RESULTS OF ITS TENDER OFFER TO PURCHASE ITS OUTSTANDING 9.75% SENIOR NOTES


Toronto, June 29, 2026 – Aimia Inc. (TSX: AIM; JSE: AII) today announced the expiration and results of its previously
disclosed tender offer ("Offer") to purchase for cash any and all of its outstanding 9.75% Senior Unsecured Notes ("Senior
Notes") with an aggregate principal amount of $142.6 million due in 2030.

An aggregate principal amount of $131.4 million of Senior Notes was validly tendered by the expiration date and not
withdrawn. Aimia anticipates total cash interest payment savings of approximately $45.3 million had the Senior Notes not
been validly tendered and held to maturity.

The Offer was made on May 29, 2026 and expired at 5:00 p.m., Toronto time, on June 26, 2026.

The Offer was made following the closing of the Company's sale of its specialty chemicals company, which generated net
proceeds of $268.4 million. After deploying $131.4 million to repurchase the Senior Notes, Aimia intends to use the
remaining net proceeds, approximately $137 million, to make investments in undervalued companies, fund its 2026-2027
normal course issuer bid, and for general working capital purposes.

The consideration for each $100 principal amount of Senior Notes accepted for purchase is $100 plus all accrued and unpaid
interest to but excluding July 3, 2026. Payment for the Senior Notes validly tendered will be made by Aimia on the
settlement date, which is expected to be on or about July 3, 2026.

The $8.2 million aggregate principal amount of Senior Notes not tendered in the Offer will remain outstanding and shall
continue to accrue interest in accordance with their terms.

About Aimia
Aimia Inc. (TSX: AIM; JSE: AII) is a diversified conglomerate focused on enhancing the value of its holdings.
Headquartered in Toronto, Aimia's priorities include increasing its intrinsic value, reducing holding company costs,
reducing the discount of its share price to the intrinsic value of its businesses, and redeploying capital to make investments
in undervalued companies.

For more information about Aimia, visit www.aimia.com

For more information, please contact:
Joe Racanelli
Vice President, Investor Relations
647 970 2200
Joseph.Racanelli@aimia.com

Forward-Looking Statements
This press release contains statements that constitute "forward-looking information" within the meaning of Canadian
securities laws ("forward-looking statements"), which are based upon our current expectations, estimates, projections,
assumptions and beliefs. All information that is not clearly historical in nature may constitute forward-looking statements.
In some cases, forward-looking statements are typically identified by the use of terms such as "expects", "expected" and
"intends." Forward-looking statements in this press release include, but are not limited to, statements with respect to our
current and future plans, expectations and intentions.

Forward-looking statements in this press release include, but are not limited to, statements with respect to Aimia's current
priorities and future strategic initiatives, the expected settlement date and payment timing for the Offer, and the intended
use of the remaining net proceeds resulting from the transaction.

Forward-looking statements, by their nature, are based on assumptions and are subject to known and unknown risks and
uncertainties, both general and specific, that contribute to the possibility that the forward-looking statements will not occur.
The forward-looking statements in this press release speak only as of the date hereof and reflect several material factors,
expectations and assumptions. Undue reliance should not be placed on any predictions or forward-looking statements as
these may be affected by, among other things, changing external events and general uncertainties of the business. A
discussion of the material risks applicable to us can be found in our current Management Discussion and Analysis and
Annual Information Form, each of which have been or will be filed on SEDAR+ and can be accessed at www.sedar.com.
Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are
made and we disclaim any intention and assumes no obligation to publicly update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.

Aimia has a primary listing on Toronto Stock Exchange and a secondary listing on the Main Board of the JSE.

29 June 2026


JSE sponsor
Java Capital

Date: 30-06-2026 07:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.