Tender Offer
Uruguay") announced today the commencement of an offer to purchase for cash (the "
Tender Offer") bonds of each series of Global Bonds listed in the table below (collectively, the "
Old Bonds" and each Old Bond, a "
series" of Old Bonds) such that the aggregate Purchase Price to be paid for the Old Bonds tendered and accepted for purchase pursuant to the Tender Offer is equal to a maximum purchase amount for each series to be determined by Uruguay in its sole discretion (the "
Maximum Purchase Amount"). The terms and conditions of the Tender Offer are set forth in the offer to purchase, dated May 13, 2021 (the "