AGCO Corporation Announces Results of Any and All Cash Tender Offer for its 5.875% Senior Notes due 2021

DULUTH, Ga.--()--AGCO, Your Agricultural Company (NYSE: AGCO), today announced final results of the previously announced cash tender offer (the “offer”) to purchase any and all of the outstanding 5.875% Senior Notes due 2021 (the “notes”) issued by AGCO. As of 5:00 p.m., New York City time on May 7, 2018 (the “Expiration Time”), the principal amount of senior notes outstanding and validly tendered and not validly withdrawn are as set forth in the table below.

Issuer       Title of Security       CUSIP      

Principal Amount


Principal Amount
Tendered at Expiration


Purchase Price per
$1,000 of Notes

AGCO Corporation      

5.875% Senior
Notes due 2021








The offer was made pursuant to the Offer to Purchase and related Notice of Guaranteed Delivery sent to holders of the notes, each dated May 1, 2018.

AGCO has accepted for purchase all notes validly tendered and not validly withdrawn at or prior to the Expiration Time. Holders whose notes have been accepted for purchase will receive in cash $1,077.50 per $1,000 principal amount of notes plus accrued and unpaid interest to, but not including, the settlement date, which is expected to be May 8, 2018 for notes validly tendered and not validly withdrawn before the Expiration Time.

HSBC Securities (USA) Inc. and MUFG Securities Americas Inc. served as Dealer Managers for the offer.

Cautionary Statements:

This press release does not constitute an offer to sell or the solicitation of an offer to buy any notes in the offer.

Various statements in this release, including those that express a belief, expectation or intention, may be considered forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) that involve risks and uncertainties that could cause actual results to differ materially from projected results. Accordingly, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking statements may include projections and estimates concerning the timing and success of specific projects and our future production, revenues, income and capital spending. When we use the words “anticipate,” “assumed,” “indicate,” “estimate,” “believe,” “predict,” “forecast,” “rely,” “expect,” “continue,” “grow” and other words of similar meaning or their negatives, or other similar expressions, the statements which include those words are usually forward-looking statements. When we describe strategy that involves risks or uncertainties, we are making forward-looking statements. The forward-looking statements in this press release, if any, speak only as of the date of this press release; we disclaim any obligation to update these statements. We have based these forward-looking statements on our current expectations and assumptions about future events. Although we believe that the expectations and assumptions reflected in these statements are reasonable in view of the information currently available to us, there can be no assurance that these expectations will prove to be correct. These risks, contingencies and uncertainties relate to, among other matters, the factors discussed in “Risk Factors” in our Form 10-K for the year ended December 31, 2017, as updated by any subsequent Form 10-Qs, which are on file at the Securities and Exchange Commission.

About AGCO

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and supports more productive farming through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® precision technologies and farm optimization services. Founded in 1990, AGCO is headquartered in Duluth, GA, USA. In 2017, AGCO had net sales of approximately $8.3 billion. For more information, visit For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

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Greg Peterson, 770-232-8229
Vice President, Investor Relations


Greg Peterson, 770-232-8229
Vice President, Investor Relations