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MEXICO CITY, May 12, 2021 /PRNewswire/ Cobre del Mayo, S.A. de C.V. ( CDM ) announces today that it has accepted for exchange all of the $120,116,745 aggregate principal amount of its Senior Secured PIK Toggle Notes due 2021 (ISIN: XS1354863612 and XS1354862564; Common Codes: 135486361 and 135486256) (the Existing Notes ), or approximately 95.92% of the $125,228,986 aggregate principal amount outstanding of its Existing Notes, that have been validly tendered and not validly withdrawn as of 11:59 p.m., New York City time, on May 7, 2021 (such time and date, the Expiration Date), in its previously announced offer (the Exchange Offer ) to Eligible Holders described below to exchange any and all of its Existing Notes.
sociedad anónima) incorporated under the laws of the Kingdom of Spain (the
Issuer ) and Credit Suisse Securities (USA) LLC (the
Purchaser ) today announced that, in connection with the previously announced offer by the Purchaser to purchase for cash (the
Tender Offer ) certain of the Issuer s outstanding 7.500% Senior Secured Notes due 2028 (the
Notes ), the Purchaser has increased the maximum aggregate principal amount of Notes that may be purchased in the Tender Offer from US$350,000,000 to US$375,000,000 (the
Maximum Tender Amount ). The Tender Offer and the Consent Solicitation are being made on the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated April 26, 2021 (as supplemented by the Supplement to the Offer to Purchase and Consent Solicitation Statement dated May 5, 2021 and as amended by this press release, the
Scheme of Arrangement: update on creditor voting and FCA letter
Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, provides an update on the Scheme of Arrangement (the Scheme ) of ALL Scheme Ltd ( SchemeCo ) announced on
25 January 2021, following the closing date for online voting and proxy appointment ahead of the creditor meeting to be held on
12 May 2021.
As at the closure of the online voting portal, the Company has received a total of 74,866 votes in favour of the Scheme and 3,862 votes against. The votes in favour of the Scheme represent approximately 95.1% of the total number of votes cast and approximately 95.7 % of the value of the claims of all creditors who have so far voted. 715 creditors, who have registered to attend the creditors meeting on the
Global Ship Lease Reports Results for the First Quarter of 2021
Global Ship Lease, Inc., a containership charter owner, announced its unaudited results for the three months ended March 31, 2021.
First Quarter 2021
– Reported operating revenue of $73.0 million for the first quarter 2021.
– Reported net income available to common shareholders of $4.2 million for the first quarter 2021 after $5.8 million premium paid on the full optional redemption of our outstanding 9.875% Senior Secured Notes due 2022 (“2022 Notes”) on January 20, 2021, an associated non-cash write off of deferred financing charges of $3.7 million and of original issue discount of $1.1 million, a non-cash charge of $1.3 million for accelerated stock based compensation expense due to vesting and new awards of fully vested incentive shares, and a prepayment fee of $1.6 million on the partial repayment of our Blue Ocean Junior Credit Facility, giving normalized net income(3) of $17.8 million.