Successful signing of Note Purchase Agreement relating to $40 million notes issuance under the Lock-Up Agreement dated March 27, 2021
The Company is pleased to announce that on
In accordance with the terms of the transaction set out in the Lock-Up Agreement, all holders of the existing 9.375% Senior Notes due 2022 (the “2022 Senior Notes”) will have the right to subscribe for a pro rata share of the New
The Company thanks its stakeholders for their continued support of the transaction and looks forward to completing the further steps of the transaction over the coming weeks.
Holders of the 2022 Senior Notes that have not yet signed the Lock-Up Agreement may contact the Information Agent at ProjectFox@glas.agency to access further information relating to the transaction and for details of how to accede to the Lock-Up Agreement.
Noteholders may still become eligible for the 0.5% Late Cash Consent Fee by signing the Lock-Up Agreement and holding 2022 Senior Notes that became locked-up notes on or prior to the date on which the solicitation period of the exchange offer ends, and the 1.75% Exchange Offer Equity Fee by participating in the exchange offer
This release contains “forward-looking statements” within the meaning of
Forward-looking statements contained in this press release are based on information currently available to
All information in this press release is as of the date of its release.
This press release is not an offer to sell or a solicitation of an offer to buy or exchange or acquire securities in
This press release is intended as a summary only, and holders of 2022 Senior Notes should refer to the additional details of the terms of the New
Executive Vice President - Investor Relations
Executive Director – Communications & Public Affairs
Source: Ferroglobe PLC