Luxemburg, 7 October 2022 – Metalcorp Group S.A., a global service provider for the procurement, production, mining and marketing of metals and minerals, calls on its bondholders of the 2017/2022 notes (ISIN: DE000A19MDV0) to vote in a voting without meeting. The company is seeking a one-year extension to 2 October 2023 of the maturity of the originally up to EUR 140 million 2017/2022 notes, having a remaining principal amount of EUR 69.885 million, which matured on 2 October 2022. In addition, the coupon is to be increased from 7% p.a. to 8.5% p.a. and a joint representative of all bondholders is to be appointed. During the voting period from 22 October 2022 at 0:00 until 25 October 2022 at 24:00, bondholders will have the opportunity to submit their votes in writing. A quorum of 50% of the outstanding notes is required for a resolution on the proposal.
The invitation to vote and further documents will be available for download from this afternoon on the company’s website at www.metalcorpgroup.com under “Investor Area / Noteholder voting 2017/2022 Notes”. The invitation to vote will also be published today in the German Federal Gazette (Bundesanzeiger).
About Metalcorp Group S.A.:
Metalcorp Group is a diversified global service provider in the metals and minerals industry including procurement, marketing, mining and processing of such products. The company’s divisions are aluminium, metals and concentrates, bulk and ferrous. The bond 2021/2026 (ISIN: DE000A3KRAP3) is traded on the Open Market of Deutsche Börse AG (“Freiverkehr” of the Frankfurt Stock Exchange).
For further information:
Anouar Belli
Metalcorp Group S.A.
abelli@metalcorpgroup.com
Patrick Handley, Tom Pigott
Brunswick
+44 (0) 20 7404 5959
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
+49 (0) 89 8896906 25
metalcorp@better-orange.de