Company Announcements

Consent Solicitation

Source: RNS
RNS Number : 1244V
Obrascon Huarte Lain, S.A.
04 August 2020
 

Pursuant to the announcement published on 16 July 2020 and 21 July 2020 by virtue of which Obrascón Huarte Laín, S.A. (the "Company") informed of the amendment of the noteholders' meeting notice published by means of an announcement published on 3 July 2020 and called the noteholders' meetings (respectively, the "Noteholders' Meetings" and the "Noteholders") of the following issues:

·      €400,000,000 4.750% Senior Notes due 2022 (of which €323,000,000  in principal amount remain outstanding) (ISIN: XS1043961439; Common Code:104396143) ("Issue 1"); and

·      €325,000,000 5.50% Senior Notes due 2023 (of which €269,900,000 in principal amount remain outstanding) (ISIN: XS1206510569; Common Code: 120651056) ("Issue 2")

jointly and respectively, the "Issues" and the "Notes", which were to be held at first call at Torre Espacio, Paseo de la Castellana, 259D - 28046, Madrid on 4 August 2020, at 12.00 p.m. and 12.30 p.m. (CET) for the Issue 1 and the Issue 2, respectively, the Company announces that the Noteholders' Meetings have not attained the legally required quorum to be held on first call (i.e. at least two thirds of the entire outstanding amount of the Notes in Issue 1 and Issue 2, respectively). The Issuer will convene adjourned Noteholders' Meetings to be held on second call on 4 September 2020 at Paseo de la Castellana, 259D, Torre Espacio, at 12.00 p.m. and 12.30 p.m. (CET) for the Issue 1 and the Issue 2, respectively.

The expiration time to send consent instructions or instruct to attend to the Noteholders' Meetings is extended to 12.00 p.m. (CET) on 1 September 2020 and the record date for the purposes of being entitled to attend to the Meetings will be on 28 August 2020.

Other than as described herein, the terms of the Consent Solicitation Memorandum made available to holders of the Notes (including the Resolutions and the Proposals) remain as set out in the Consent Solicitation Memorandum prepared by the Company.

 

ADDITIONAL INFORMATION

The following contact details have been provided for noteholders to request any information or clarifications regarding these Noteholders' Meetings:

Tabulation Agent:

Lucid Issuer Services Limited

Att: David Shilson

Tankerton Works

12 Argyle Walk

London WC1H 8HA

United Kingdom

E-mail: ohl@lucid-is.com

Telephone: +44 (0) 20 7704 0880

 

Madrid 4 August 2020.

 


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