BANCONAL COVID RELIEF FACILITY S.À R.L - Consent Solicitation 2024 (XS) - Final Results

BANCONAL COVID RELIEF FACILITY S.À R.L Announces Final Results of Consent Solicitation Relating to its U.S.$342,000,000 Fixed Rate Amortizing Notes due 2027 (ISIN: XS2200599368) (ISIN: XS2200599368)

10 JULY 2024

Full announcement including disclaimers and offer/distribution restrictions available via Luxse

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"The Consent Solicitation expired at 5:00 p.m., Central European Summer Time (11:00 a.m., New York City time), on July 5, 2024. On July 8, 2024, the Company announced the preliminary results of the Consent Solicitation. As set out in the preliminary results announcement, no votes were cast against the Proposed Amendments.

The results of the Banconal Facility Intercreditor Vote, as determined by the Intercreditor Agent by reference to the secured obligations of the Intercreditor Parties (i.e., the Notes and the Repack Facility) outstanding as at the Voting Determination Date, were as follows:

The Requisite Consents were therefore received, and the Intercreditor Vote Condition and the Consent Condition were therefore satisfied.

Promptly following the date of this announcement, the Banconal Facility Agent will execute the Banconal Facility Amendment Agreement with Banconal and the MIGA Guarantee Amendment Agreement with MIGA.

On (or, as soon as possible, following) July 12, 2024, the Cash Consideration of U.S.$544,090.93 will be paid by the Company to Holders of the Notes who validly delivered their Consents (and did not validly revoke such Consents) on or prior to the Expiration Date. The Cash Consideration payable to each such Holder shall be equal to U.S.$2.946 per U.S.$1,000 Sink Factor Adjusted Principal Amount of Notes held by each such Holder (rounded to two decimal places).

The Cash Consideration will be paid only to Holders of Notes who validly delivered their Consents (and did not validly revoke such Consents) on or prior to the Expiration Date. There will be no other fee payable to Holders of Notes in connection with the Consent Solicitation.

The Company will make (or cause to be made) all announcements regarding the Consent Solicitation by press release in accordance with applicable law."

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BANCONAL COVID RELIEF FACILITY S.À R.L Announces Preliminary Results of Consent Solicitation Relating to its U.S.$342,000,000 Fixed Rate Amortizing Notes due 2027 (ISIN: XS2200599368)

08 JULY 2024

Full announcement including disclaimers and offer/distribution restrictions available via Luxse

...

"The Consent Solicitation expired at 5:00 p.m., Central European Summer Time (11:00 a.m., New York City time), on July 5, 2024.

The results of the Consent Solicitation were as follows:

Holders of 84.85% of the Original Principal Amount cast a vote in the Consent Solicitation. The Minimum Percentage was, therefore, satisfied.

Following this announcement, the Intercreditor Agent will tally the votes of the Holders together with the votes of the Repack Lender to determine the results of the Banconal Facility Intercreditor Vote.

Promptly following July 9, 2024, the Company will publish the final results of the Banconal Facility Intercreditor Vote, including whether the Requisite Consents have been obtained and whether the Consent Condition and Intercreditor Vote Condition have been satisfied.

If the Requisite Consents have been obtained and the Consent Condition and Intercreditor Vote Condition have been satisfied, the Company will pay the Consent Fee on the Consent Payment Date.

The Cash Consideration will be paid only to Holders of Notes who validly delivered their Consents (and did not validly revoke such Consents) on or prior to the Expiration Date. There will be no other fee payable to Holders of Notes in connection with the Consent Solicitation.

The Company will make (or cause to be made) all announcements regarding the Consent Solicitation by press release in accordance with applicable law."

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BANCONAL COVID RELIEF FACILITY S.À R.L Announces Commencement of Consent Solicitation Relating to its U.S.$342,000,000 Fixed Rate Amortizing Notes due 2027 (ISIN: XS2200599368)

25 JUNE 2024

Full announcement including disclaimers and offer/distribution restrictions available via Luxse

LUXEMBOURG, June 25, 2024 - Banconal COVID Relief Facility S.à r.l., (the “Company”) announced today that, upon the terms and subject to the conditions set forth in the Consent Solicitation Statement dated as of June 25, 2024 (the “Consent Solicitation Statement”), it is soliciting the consent (“Consents”) of Holders (“Holders”) of its U.S. $342,000,000 Fixed Rate Notes due 2027 (the “Notes”) as at the Record Date (as defined below) relating to certain amendments that the Company has been requested to approve in connection with its interest as the sole lender of a loan to Banco Nacional de Panamá (“Banconal”) (the “Banconal Facility”) made pursuant to a facility agreement dated July 23, 2020 (the “Banconal Facility Agreement"). Terms used herein but otherwise not defined have the meanings specified in the Consent Solicitation Statement.

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