Swiss Insured Brazil Power Finance S À R L Announces Commencement Of Consent Solicitation In Relation To Its Outstanding 9 850% Senior Secured Notes Due 2032 prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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gategroup Holding AG (“gategroup”, the “Company” and together with its subsidiaries, the “Group”), is pleased to announce that all conditions to the Group’s financial restructuring designed to position the Group for a post-COVID future have been satisfied and that completion of the restructuring has occurred.
Background
As announced on 26 November 2020, the Group, its shareholders RRJ Capital and Temasek (the Shareholders ) and all of the Groupâs bank lenders under the senior facilities agreement dated 30 November 2018 (the Senior Lenders and the SFA , respectively) had agreed to the key terms and conditions of a recapitalisation of the Company and amendment of the terms of the Groupâs financial indebtedness (the âTransactionâ).
( KEFI or the Company )
Q1 2021 Operational Update
KEFI (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to provide its latest quarterly operational update.
This update encompasses the activities of KEFI Minerals (Ethiopia) Ltd ( KME ) and Tulu Kapi Gold Mines Share Company ( TKGM ) in Ethiopia, and Gold & Minerals Ltd ( G&M ) in Saudi Arabia for the period from 1 January 2021 to 31 March 2021 ( Q1 ), together with more recent developments where appropriate. In Ethiopia The Tulu Kapi Gold Project (the Project or Tulu Kapi ) remains on track overall, in line with previous guidance with the financial closing program having commenced and remaining in progress. Notably, the project finance consortium remains focused on:
KEFI Gold and Copper plc (LSE:KEFI) | RNS | Kefi Gold and Copper - Q1 2021 Operational Update proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
Holder ) of its 9.850% Senior Secured Notes due 2032 (the
Notes ), issued and outstanding under the indenture, dated as of April 12, 2018, among the Company, CELSE – Centrais Elétricas de Sergipe S.A., as guarantor (
CELSE ), and Citibank, N.A., as trustee (in such capacity, the
Trustee ), to permit the Company, as the sole holder of certain debentures issued by CELSE pursuant to an indenture (as amended, the
Debenture Indenture ), dated as of March 28, 2018, among CELSE, Pentágono S.A. Distribuidora de Títulos e Valores Mobiliários, as fiduciary agent (the
Fiduciary Agent ) and Credit Suisse AG, in its capacities as policyholder and policyholder agent (the