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Friday, 19 August 2022 04:46 GMT

Polyus Finance Plc: Update On Proposals For 2023 And 2024 Notes


(MENAFN- EQS Group)

DGAP-News: Polyus Finance Plc / Key word(s): Miscellaneous
Polyus Finance Plc: Update on Proposals for 2023 and 2024 Notes
05.08.2022 / 15:14
The issuer is solely responsible for the content of this announcement.

5 August 2022

Polyus Finance Plc announces update in respect of proposals of the Consent Solicitation for its outstanding U.S.$800,000,000 5.250% Guaranteed Notes due 2023 and U.S.$500,000,000 4.70% Guaranteed Notes due 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT OR THE MEMORANDUM.

On 27 July 2022, Polyus Finance Plc (the ' Issuer ') announced the results of its consent solicitation (the ' Consent Solicitation ') in relation to the outstanding U.S.$800,000,000 5.250% Guaranteed Notes due 2023 (the ' 2023 Notes ') and U.S.$500,000,000 4.70% Guaranteed Notes due 2024 (the ' 2024 Notes ') issued by the Issuer on the terms and subject to the conditions set forth in the Consent Solicitation Memorandum dated 20 July 2022 (the ' Memorandum ').

Capitalised terms used in this announcement but not defined herein have the meanings given to them in the Memorandum.

The Issuer hereby notifies the Noteholders of the 2023 and 2024 Notes that the Issuer proceeds with coupon payments in accordance with the Proposals approved by the Written Resolutions of the Noteholders of the 2023 Notes and 2024 Notes and in accordance with the relevant amendments signed in respect of the trust deed dated 7 February 2017 constituting the 2023 Notes and the trust deed dated 29 January 2018 constituting the 2024 Notes.

Forward-looking statements

This announcement may contain 'forward-looking statements' concerning Polyus group. Generally, the words 'will', 'may', 'should', 'could', 'would', 'can', 'continue', 'opportunity', 'believes', 'expects', 'intends', 'anticipates', 'estimates' or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus group's operations. Many of these risks and uncertainties relate to factors that are beyond Polyus group's ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. The Issuer and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.

DISCLAIMER

This announcement must be read in conjunction with the Memorandum. 

 

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05.08.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Polyus Finance Plc
16 Berkeley Street
W1J 8DZ London
United Kingdom
Phone: +44 (0)203 907 4050
E-mail:
Internet:
ISIN: XS1533922933, XS1713474325, XS2396900685
WKN: A19CYF, A19VMX, A3KXLK
Listed: Regulated Unofficial Market in Frankfurt, Stuttgart; London
EQS News ID: 1414645

End of News DGAP News Service

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