Polyus Finance PLC Consent Solicitation Results (9198Y)
09 September 2022 - 6:00PM
UK Regulatory
TIDM60GT TIDMPLZL
RNS Number : 9198Y
Polyus Finance PLC
09 September 2022
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/ ISIN Code/ Outstanding Principal
Common Code Common Code/ Amount
(Regulation S Notes) CUSIP Code
(Rule 144A Notes)
U.S.$700,000,000 3.25% Guaranteed Notes due XS2396900685 US73181LAB71 U.S.$700,000,000
2028
239690068 239725104
73181LAB7
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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.
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END
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