Neste Announces Indicative Results for Tender Offers

Neste Oyj announced on May 13, 2026, the indicative results of its previously launched tender offers for its green bonds. The offers were made to holders of its €500 million 0.750% Green Notes due March 25, 2028, €500 million 3.875% Green Bonds due March 16, 2029, and €700 million 3.750% Green Bonds due March 20, 2030.

The tender offers expired on May 12, 2026, with terms and conditions detailed in the tender offer memorandum dated May 5, 2026. The primary objective of these offers is to manage Neste's outstanding debt obligations and optimize its financing structure.

Indicative results show that Neste expects to accept €238.4 million of the 2028 Notes, €232.78 million of the 2029 Notes, and €28.82 million of the 2030 Notes for purchase. A pro-ration factor of 8.636% is expected for the 2030 Notes Series, indicating that tenders for this series will be accepted on a reduced basis relative to the amount tendered.

Neste is expected to determine the final pricing, including purchase yields and prices, later on the day of the announcement. The settlement date for the accepted tenders is scheduled for May 18, 2026. Bonds purchased by Neste will be cancelled and will not be re-issued, reducing the company's outstanding debt.