Following the sale of BAGR Non-Ferrous Group GmbH to Ferralum Metals Group S.A., Metalcorp kept the Metals & Concentrates subgroup, which comprised the bauxite mines in Guinea and the trading company Tennant Metals. As a result of the division of the Group and in light of the bond restructurings, Metalcorp has changed its business model to the effect that instead of ongoing income from operating business, income shall solely be derived from the sale of assets or earn-out agreements in relation to the existing subsidiaries. As a consequence, all the material assets of Metalcorp have been sold in the meantime and a portion of the sale proceeds and earn-out proceeds, if any, will be distributed to the bondholders under the NCO Invest bonds.