Metalcorp Group signs exclusivity agreement for potential financing transaction with Ad Hoc Group representing approx. 45% of its 2026 Notes
Luxembourg, 22 November 2022 – Metalcorp Group S.A. informs that the Company has signed an agreement with certain holders (the “Ad Hoc Group”) of its 8.5% notes due 2026 (the “2026 Notes”), which among other matters, grants the members of the Ad Hoc Group an exclusive...
Metalcorp Group S.A.: Noteholders approve all recommended resolutions of the company with large majorities
Luxembourg, 18 November 2022 – Today’s 2nd noteholders’ meeting of Metalcorp Group S.A.’s 2017/2022 notes in Frankfurt am Main resolved with the required qualified majority of votes cast to extend the maturity of the 2017/2022 notes by one year until 2 October 2023...
Luxembourg, 16 November 2022 – Metalcorp Group S.A. announces that a total of 42.8% of the outstanding 2017/2022 notes have registered in due time and form for the 2nd noteholders’ meeting on 18 November 2022 at 12:00 in Frankfurt am Main. The required quorum of at...
Metalcorp Group S.A. recommends the jointly coordinated counter-motion of SdK for resolution for the 2nd noteholders’ meeting on 18 November 2022
Luxembourg, 14 November 2022 – Metalcorp Group S.A. has today received a counter-motion from SdK Schutzgemeinschaft der Kapitalanleger e.V. (“SdK”) regarding its proposed resolutions for the 2nd noteholders’ meeting of its 2017/2022 notes (ISIN: DE000A19MDV0) on 18 November 2022 at 12:00 in Frankfurt am Main.
Metalcorp Group: Voting without meeting does not constitute a quorum; invitation to 2nd noteholders’ meeting on 18.11.2022 in Frankfurt; presentation for bondholders tomorrow at 16:30
Luxembourg, 26 October 2022 – Metalcorp Group S.A. announces that despite an exceptionally high participation rate for a first voting of 28.6%, the voting without meeting regarding the 2017/2022 notes (ISIN: DE000A19MDV0) did not reach the required quorum of 50% of the outstanding bond volume as expected and therefore did not constitute a quorum.
Metalcorp Group S.A.: Counter-motion of SdK to the proposed resolutions for the voting without meeting from 22 to 25 October 2022
Luxembourg, 22 October 2022 – Metalcorp Group S.A. has yesterday received a counter-motion from SdK Schutzgemeinschaft der Kapitalanleger e.V. (“SdK”) regarding its proposed resolutions for the voting without meeting of the noteholders of its 2017/2022 notes from 22 to 25 October 2022. SdK proposes, among other things, an increased coupon and, on the one hand, more flexibility in the modalities for early redemption (redemption also in installments and at the nominal amount) and, on the other hand, event-driven and fixed partial redemptions.