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POLYUS FINANCE PLC Polyus Finance Plc: Consent Solicitation Results

Directive transparence : information réglementée

09/09/2022 10:35

DGAP-News: Polyus Finance Plc / Key word(s): Miscellaneous
Polyus Finance Plc: Consent Solicitation Results

09.09.2022 / 10:35 CET/CEST
The issuer is solely responsible for the content of this announcement.


9 September 2022

Polyus Finance Plc announces the results of the Consent Solicitation for 2028 Notes

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT OR THE MEMORANDUM.

Polyus Finance Plc (the "Issuer") today formally announces that it has concluded its consent solicitation (the "Consent Solicitation") in relation to the outstanding U.S.$700,000,000 3.25% Guaranteed Notes due 2028 (the "2028 Notes") issued by the Issuer on the terms and subject to the conditions set forth in the Consent Solicitation Memorandum dated 20 July 2022 (the "Memorandum"). Capitalised terms used in this announcement but not defined herein have the meanings given to them in the Memorandum.

The Issuer thanks all Noteholders who have responded promptly and participated in the Consent Solicitation and notifies that the Requisite Consents from the Noteholders of the 2028 Notes were obtained before the Consent Deadline (08 September 2022 5:00 p.m. (London time)).

Consents were distributed in the following way from outstanding amount of the notes:

  • 2028 Notes -  77.07%

Consequently, the amendment and waiver of certain terms of the Trust Deed, Paying Agency Agreement and Terms and Conditions of the 2028 Notes have been approved by the Written Resolutions.

As of the Effective Time, I2 Capital Trust Corporation Ltd will act as the new trustee in respect of the 2028 Notes.

The following table sets forth details of the 2028 Notes:

Description of the 2028 Notes ISIN Code/
Common Code
(Regulation S Notes)
ISIN Code/
Common Code/
CUSIP Code
(Rule 144A Notes)
Outstanding Principal Amount
U.S.$700,000,000 3.25% Guaranteed Notes due 2028 XS2396900685
239690068
US73181LAB71
239725104
73181LAB7
U.S.$700,000,000

 

Forward-looking statements

This announcement may contain "forward-looking statements" concerning Polyus group. Generally, the words "will", "may", "should", "could", "would", "can", "continue", "opportunity", "believes", "expects", "intends", "anticipates", "estimates" or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus group's operations. Many of these risks and uncertainties relate to factors that are beyond Polyus group's ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. The Issuer and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.

DISCLAIMER

This announcement must be read in conjunction with the Memorandum. 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

 



09.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Polyus Finance Plc
16 Berkeley Street
W1J 8DZ London
United Kingdom
Phone: +44 (0)203 907 4050
E-mail: sergei.nossoff@pgil.co.uk
Internet: http://polyus-finance.polyus.com/
ISIN: XS1533922933, XS1713474325, XS2396900685
WKN: A19CYF, A19VMX, A3KXLK
Listed: Regulated Unofficial Market in Frankfurt, Stuttgart; London
EQS News ID: 1439095

 
End of News DGAP News Service

1439095  09.09.2022 CET/CEST

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