Tiranit announces a recovery of 3.544 % of the 2020-1 series of guaranteed bonds when closed at $ 550 million, bonds guaranteed elderly bonds

Toronto, February 24, 2025 (Globe Neuws) – Toronto announced, on February 24, 2025 – TERANET HOLDINGS LP (“TERANET”) announced today that it gave a conditional notice of early recovery for the entire main amount of Teraneet’s 550 million dollars at 3.544 % 2020-1 series. Senior Samer Bonds (“High Bonds 2020-1) Rating on June 11, 2025. The recovery price will be calculated for the higher bonds 2020-1 according to the applied communications.

The redemption of the upper bonds for the year 2020-1 is conditional on the successful conclusion of the display of the special place for the higher guaranteed bonds that have a total amount of $ 550 million, consisting of $ 3,641 % of the 2025-1 series of safe elderly that ripens on March 7, march , 2032, and 250 million dollars 5.01 % Series 2025-2 senior guaranteed bonds More March 7, 2035 (combined, “2025 Senior bonds”). The upper bonds of 2025 will be secured and arranged evenly with other higher teraneet obligations. The net revenues of the 2025 higher bond version will be used to re-financing the upper bonds 2020-1.

The upper bonds of 2025 are presented on the basis of the agency by the RBC Dominion Securities Inc. And Cibc World Markets Inc. , And included BMO Nesbitt Burns Inc. , TD Securities Inc. Scotia Capital Inc. National Bank Financial Inc. Global S&P Categories.

It is expected that both the upper bonds of 2025 will be closed and the upper bonds recovered 2020-1 on March 7, 2025.

About Tirant

Teranet is the leading company in delivering and converting legal registry services with extensive experience in land and commercial records. It also provides solutions to intelligence property and data solutions to thousands of customers in real estate, financial services, government, facilities, and legal markets. TERANET was founded in 1991, runs the electronic registration system for the Ontario Province, land titles and personal property records from the end to the end of Manitoba Province. TERANET has a global imprint through its ownership of Foster Moore, where its registration solutions include commercial registration programs outside the shelf that provide discounts in operational costs, improve security and improve operations. Teranet is proud to admit that it is one of the 100 best employers in Greater Toronto for a period of nine years in a row (2017 – 2025). Omers is owned by Omers, one of the largest pension plans specified in Canada, and is managed by OMERS infrastructure, which is investing globally on behalf of OMERS.

www.teranet.ca
-30-

For more information, please contact:

Kerry Bras, First Vice President, Finance and Financial Director

Tel (416) 570-6723

Note:

The higher bonds will be presented and sold in 2025 in Canada on the basis of special employment according to some exemptions from the issuance bulletin. The higher bonds for 2025 have not been registered and will not be registered under the 1933 US Securities Law, in its amended form, and they may not be submitted, sold or delivered in the United States in the absence of registration or exemption in force from registration requirements. This press statement will not constitute an offer for sale or request for an offer to buy any of the higher bonds in the United States 2025 or in any other judicial state where this offer or seam is illegal. There is no regulatory authority for securities that have agreed or rejected the contents of this press statement.

Caution regarding aspecting data:

Some of the phrases in this press statement may constitute aspective data. The aspiration data includes the expected use of revenues, the timing of the upper bonds 2020-1 and the closure of the upper bond version for 2025, the expected classification of 2025 bonds. Often, but not always, aspiration information can be identified by using aspecting terms such as “May”, ” Will, “expectation”, “sincerity”, “estimate”, “plan”, “can” “can”, “should”,, “It will be”, “expectations”, “expectations”, “expectation”, “prediction”, “follow -up” or negative these terms or differences or similar terms. The aspiration information depends on reasonable assumptions, estimates, analysis and opinions of the teranet management made in light of its experience and perception of current trends, circumstances and expected developments, as well as other factors that the Teranet administration believes is related and reasonable in the date of presenting these data, and is subject to known risks and doubts and unknown. These assumptions may not be fulfilled. As a result, actual future results may differ financially from that crossing or implicit in aspective information, and teranet work, financial situation and operations results can be materially and huge with many factors, including such known and unknown risks. . A variety of factors, many of which exceed TERANET control, may cause different actual future results materially from the expectations expressed in aspiration data.

Kerri Brass
Teranet Inc.
(416) 570-6723
kerri.brass@teranet.ca