METALCORP GROUP
PRESS RELEASES
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PRESS RELEASES
Metalcorp Group S.A.: Bondholders approve all proposed resolutions recommended by the company by a large majority
Luxembourg, 18 December 2023 – Today’s second noteholders’ meeting of the holders of the 2021/2026 Notes (ISIN: DE000A3KRAP3) of Metalcorp Group S.A. (the "Company" and together with its subsidiaries the “Metalcorp Group”) in Frankfurt am Main passed the following...
Metalcorp Group: Voting without meeting achieves very high approval rates but falls just short of required quorum; 2nd noteholders’ meeting scheduled for 18 December 2023 in Frankfurt am Main
Luxembourg, 29 November 2023 – Metalcorp Group S.A. announces that according to the notary public acting as chairman of the vote, the voting without meeting regarding the 2021/2026 Notes (ISIN: DE000A3KRAP3) (the “Notes”) reached approximately 45.6% of the outstanding...
Voting Period for the Metalcorp Group 2021/2026 Notes began today on 23 November 2023 and ends on 26 November 2023, 24:00 hours
Luxembourg, 23 November 2023 – Following on from the earlier announcement on 2 November 2023 and the subsequent Invitation to Vote published on the Company’s website, Metalcorp Group S.A. (the “Company”) would like to remind the holders of the 2021/2026 Notes (ISIN:...
Metalcorp Group S.A. reaches agreement on the details of the bond restructuring and calls noteholders of the 2021/2026 Notes to vote
Luxembourg, 2 November 2023 – Metalcorp Group S.A. herewith informs the holders of its EUR 69.9 million 9.00% notes due 2023 (ISIN: DE000A19MDV0) (the “2023 Notes”) and the EUR 300 million 8.50% notes due 2026 (ISIN: DE000A3KRAP3) (the “2026 Notes”, and together with the 2023 Notes, the “Notes”) that it has reached an agreement with the 2023 Notes common representative, members of an ad-hoc group composed of holders of the 2026 Notes representing approx. 40% of the outstanding nominal amount of the 2026 Notes, certain holders of the 2023 Notes, and Ferralum Metals Group S.A.
Metalcorp Group S.A.: Information on the capitalization of the interest payment as of 30 September 2023 under the 8.5% notes 2017/2023 and on the status of the restructuring
Luxembourg, 28 September 2023 – Metalcorp Group S.A. informs the holders of the EUR 69,885,000.00 8.5% notes 2017/2023 (ISIN: DE000A19MDV0) in connection with § 4 (a) of the terms and conditions of the Notes (Interest), as amended pursuant to the resolution on agenda item 2 of the second noteholders’ meeting held on 16 June 2023, that with regard to the interest payment as of 30 September 2023, it will exercise its right to capitalize the interest payable under Interest Coupon II (“PIK Interest”) so that the unpaid interest is added to the nominal amount per Note. In this regard, it has submitted a corresponding declaration to the joint representative.
Metalcorp Group S.A.: Noteholders approve all recommended resolutions of the company with large majorities
Luxembourg, 16 June 2023 – Today’s 2nd noteholders’ meeting of Metalcorp Group S.A. (the “Company” and together with its subsidiaries the “Metalcorp Group”) in Frankfurt am Main resolved with the required qualified majority of votes cast to exchange the notes for...