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Belgium and Luxembourg Retail Bond Offer Closes Early

Renewi plc (RWI)
08-July-2021 / 17:03 GMT / BST
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THIS COMMUNICATION IS NOT FOR PUBLICATION, DISTRIBUTION, OR RELEASE, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR OTHER YARISDATI JARISDATIKI.

Renewi plc’s Belgium-Luxembourg retail bond offer closes early

Renewi plc (LSE: RWI), the international product waste business, today confirmed the successful early completion of the € 125 million green bond issueNotes“, ISIN XS2353474401) with a gross coupon of 3.00 percent for a period of six years, until 2027.

This green funding will help Renewi to support the circular economy, increase the recycling rate, increase the production of secondary materials, reduce CO2 emissions and reducing resource depletion. The issue will partially refinance existing debt, including the € 100 million bond, which expires on July 30, 2022.

Toby Woolrich, Chief Financial Officer of Renewi plc, commented:

“We appreciate the strong support from small and qualified investors for our latest green issue and we are glad that we closed the offer earlier as a result. We now have long-term green funding to support our ambitious plans to invest in the Benelux circular economy. Renewi is on a mission to increase recycling rates from current industry leaders from 66% to 75% by 2025. We have identified investments in advanced sorting, in the production of building materials, in the recycling of mattresses, in the recycling of plastics, in the production of Bio-LNG, among many others that make a real difference to the progress of the circular economy, to reduce CO2 emissions and to reduce resource depletion. “

The terms used herein will have the meaning given to them in the Prospectus of 5 July 2021 (the “Prospectus”) relating to the Notes. The maximum total nominal amount of EUR 125 million has been written and the Offer Period related to the Notes ends early at 1730 CET on 8 July 2021. Accordingly, the Notes can no longer be subscribed under the offer and acceptances can no longer be withdrawn.

THIS NOTICE WE OFFER FOR SALE, OUR APPLICATION OF OFFER TO BUY ALL BONDS REFERRED TO HEREIN AND NO to develop a proposal, nor our sales SALE IN ANY JURISDICTION WHERE SUCH OFFER, SOLITSITATSIYA OR SALE NOT FOR SALE LIMITED In the US, AUSTRALIA , CANADA OR JAPAN.

THE BONDS REFERRED TO IN THIS DOCUMENT HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES SECURITIES ACT OF 1933 (“THE SECURITIES SECURITIES ACT AND SECURITIES ACT”). OFFERED SOLD IN THE UNITED STATES, DIFFERENTLY REGARDING EXEMPTION FROM OR IN AN OPERATION WHICH IS NOT SUBJECT TO THE LAW REGISTRATION REGISTRATION REQUIREMENTS. The Issuer does not intend to make a public offering for securities in the United States or to register any securities under the Securities Act.

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Tom Buchanan

Ben Honan

About Renewi

Renewi is a leading waste generation company that gives new life to the materials used every day. We have around 6,500 employees working at 165 operating sites across Europe. Our extensive operating network means that we are always close to our customers.

For Renewi, waste is a state of mind and an opportunity. Our many years of knowledge and experience, combined with a wide range of services, allow us to offer sustainable, practical recycling solutions. We use innovation and the latest technology to turn waste into useful materials such as paper, metal, plastic, glass, wood, building materials, compost and energy. In other words, we are turning today’s waste into tomorrow’s raw material. The result of our work is less waste and pollution, smarter use of scarce raw materials and reduced carbon emissions. This means that we contribute to a cleaner, more circular world in which we “lose no more.”

www.renewiplc.com

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