Faroy S.A. Announces Results of Invitation
City of Punta del Este, Maldonado Department, Uruguay: Faroy S.A. (the " Company") announced today the results of its invitation (the " Invitation") to holders of its US$13,000,000 8% Senior Secured Note due 2020 (the " Existing Note") to exchange such Existing Note for a new note (the " New Note") to be issued on the terms and subject to the conditions described in its private invitation memorandum dated December 7, 2020 (the " Private Invitation Memorandum"). The aggregate principal amount of the Existing Note tendered and accepted in the Invitation as of 9:00 a.m. New York Time on Decembe...