EQS-News: Metalcorp Group S.A. reaches agreement on the details of the bond restructuring and calls noteholders of the 2021/2026 Notes to vote
40% of the outstanding nominal amount of the 2026 Notes, certain holders of the 2023 Notes, and Ferralum Metals Group S.A. (“Ferralum”) on the final terms for the restructuring of its Notes.
EQS-News: Metalcorp Group S.A. / Key word(s): Bond Metalcorp Group S.A. reaches agreement on the details of the bond restructuring and calls noteholders of the 2021/2026 Notes to vote 02.11.2023 / 22:28 CET/CEST The issuer is solely responsible for the content of this announcement. Metalcorp Group S.A. reaches agreement on the details of the bond restructuring and calls noteholders of the 2021/2026 Notes to vote The restructuring of both Notes will follow the general terms already agreed by the 2023 noteholders in their second noteholders’ meeting held on 16 June 2023 and has been further refined in terms of the initially provided debt amount ranges for the various instruments:
The resolutions of the holders of the 2023 Notes on 16 June 2023 and the expected approval of the restructuring by the holders of the 2021/2026 Notes will complete the consensual restructuring and recapitalization of the Company. The Company will publish a presentation with further details of the agreement and the next steps on its website. Metalcorp Group S.A.
02.11.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Metalcorp Group S.A. |
26, Boulevard Royal | |
L-2449 Luxembourg | |
Luxemburg | |
Internet: | www.metalcorpgroup.com |
ISIN: | DE000A3KRAP3, DE000A19MDV0 |
WKN: | A3KRAP, A19MDV |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Tradegate Exchange |
EQS News ID: | 1764175 |
End of News | EQS News Service |
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1764175 02.11.2023 CET/CEST