In the Course of the Implementation Process of Its Financial Restructuring, Europcar Mobility Group Announces a Large Support of Its Affected Financial Creditors as of December 18, 2020
On November 26
th, 2020, Europcar Mobility Group (Paris:EUCAR) announced having entered into a lock-up agreement with the members of the coordinating committee representing the group of holders of each series of 2024 Senior Notes, 2026 Senior Notes and of the EC Finance plc s Senior Secured Notes, also holding interests in the RCF
1 and the Credit Suisse Facility (representing approximately 51.1% of the 2024 Senior Notes, approximately 72.7% of the 2026 Senior Notes, 100% of the Credit Suisse Facility, approximately 44.9%
2 of the RCF commitments and approximately 22.2% of the EC Finance plc s Senior Secured Notes) (the Cross-Holders Coordinating Committee ). On December 7
Potential Scheme of Arrangement
Amigo Holdings PLC (LSE: AMGO), a leading provider of guarantor loans in the UK, announces that the Board has decided to pursue the use of a Scheme of Arrangement under Part 26 of the Companies Act 2006 ( Scheme ) in relation to the group s Redress Claims (as defined below). The Directors believe that a successful Scheme will provide certainty to the total liability arising from customer complaints.
Whilst the Scheme will not enable all claims relating to customer redress issues arising from unaffordable lending ( Redress Claims ) to be paid in full, the Directors have now decided that a Scheme is the best vehicle for addressing customer Redress Claims. A key objective is that all customers are treated equitably.
GOL Finance Prices US$200 million of 8% Senior Secured Notes due 2026
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SÃO PAULO, Dec. 21, 2020 /PRNewswire/
GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ( GOL or Company or GLAI ), Brazil s largest domestic airline, today announces that its subsidiary GOL Finance priced a private placement of US$200,000,000 (approximately R$1,018,000,000) aggregate principal amount of 8.00% Senior Secured Notes due 2026 (the Notes ) guaranteed by GLAI and GOL Linhas Aéreas S.A. ( GLA ), pursuant to Section 4(a)(2) under the Securities Act of 1933, as amended (the Securities Act ).
The Notes will mature on June 30, 2026, be callable by the Company after the second anniversary of the issuance, and be secured by fiduciary assignments of certain assets: (i) substantially all of GLA s intellectual property, including patents, trademarks, brand names and domain names (independently appraised at an aggregate value of R$3.53 billion), and
December 17, 2020 - Luxembourg: ContourGlobal Power Holdings S.A. (the Issuer ) today announced the closing of its previously announced offering of €410 million aggregate principal amount of 2.75% senior secured notes due 2026 (the 2026 Notes ) and €300 million aggregate principal amount of 3.125% senior secured notes due 2028 (the 2028 Notes and collectively, the Notes ) in a private offering to eligible purchasers.
The Issuer intends to use a portion of the net proceeds from the notes offering to redeem the €450 million aggregate principal amount of its 3.375% senior secured notes due 2023 and to use the remaining net proceeds for general corporate purposes, including to pay for a portion of the previously announced Western Generation acquisition, a 1,502 MW portfolio of long term contracted assets in the United States and Caribbean.
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DALLAS, Dec. 17, 2020 /PRNewswire/ Populus Financial Group, Inc. (f/k/a ACE Cash Express, Inc.) (the Company or Populus ), announced today the closing of the previously announced offer to purchase and exchange (the Tender Offer ) and consent solicitation (the Consent Solicitation ), for cash and preferred shares, any and all of its outstanding 12.000% Senior Secured Notes due 2022 (the 2022 Notes ) validly tendered (and not validly withdrawn) and accepted for purchase, plus any accrued and unpaid interest on the Existing Notes from June 16, 2020, to, but excluding, the settlement date, on the terms and subject to the conditions set forth in the Amended and Restated Offer to Purchase and Consent Solicitation Statement, dated December 2, 2020 (the Offer to Purchase ).