top of page

Celtic Resources Holdings DAC - Consent Solicitation - Results

Celtic Resource Holdings DAC announces results of the Consent Solicitation for its outstanding U.S.$400,000,000 4.125 per cent. guaranteed notes due 2024 - XS2060792236 - US15119CAA71

07 NOVEMBER 2023


Full announcement including disclaimers and offer restrictions available via Euronext


"On 25 August 2023, Celtic Resource Holdings DAC (the “Issuer”) announced a consent solicitation in relation to the outstanding U.S.$400,000,000 4.125 per cent. guaranteed notes due 2024 issued by the Issuer (Regulation S Notes: Common Code 206079223 / ISIN XS2060792236; Rule 144A Notes: Common Code 205788450 / ISIN US15119CAA71 / CUSIP 15119CAA7) (the “Notes”) on the terms and subject to the conditions set forth in the Consent Solicitation Memorandum dated 25 August 2023 (the “Consent Solicitation Memorandum”).


Capitalized terms used, but not defined herein, shall have the meanings given to them in the Consent Solicitation Memorandum.


The Issuer notifies that the Extraordinary Resolution was passed on the adjourned Meeting of Noteholders held on 3 November 2023. The Retirement and Appointment and the Amendments will become effective upon execution of (i) the Deed of Retirement and Appointment and (ii) the Supplemental Trust Deed, which will be separately notified to investors by the Issuer.


The Issuer extends its gratitude for the support and cooperation demonstrated by investors which has been reflected in the successful results of the Consent Solicitation."


...

 

CELTIC RESOURCES HOLDINGS DAC (the “Issuer”) - NOTICE OF ADJOURNED MEETING of the holders of outstanding U.S.$400,000,000 4.125 per cent. guaranteed notes due 2024 (the “Notes”)

02 OCTOBER 2023


Full announcement including disclaimers and offer restrictions available via Euronext


...


"NOTICE IS HEREBY GIVEN that as a meeting the holders of the Notes (the “Noteholders”) held virtually by teleconference (using a video enabled platform) on 29 September 2023 at 4:00 p.m. (London time) (the “Original Meeting”) was adjourned due to a lack of quorum, pursuant to the provisions of Schedule 3 (Provisions for Meetings of The Noteholders) of the trust deed dated 9 October 2019 between the Issuer and Citibank, N.A., London Branch, as trustee (subsequently substituted by i2 Capital Trust Corporation Ltd) (the “Trustee” and the “Trust Deed” respectively), an adjourned meeting (the “Adjourned Meeting”) of the Noteholders convened by the Issuer will be held virtually by teleconference (using a video enabled platform) on 3 November 2023 4:00 p.m. (London time) for the purpose of considering and, if thought fit, passing the Extraordinary Resolution.


Voting deadline for submitting the Voting Instructions is 4:00 p.m. (London time) on 2 November 2023."


...

 

Celtic Resources Holdings DAC announces Consent Solicitation in respect of its outstanding U.S.$400,000,000 4.125 per cent. guaranteed notes due 2024

25 AUGUST 2023


Full announcement including disclaimers and offer restrictions available via Euronext


"Dublin, 25 August 2023 – Celtic Resources Holdings DAC (the “Issuer”) today announces a consent solicitation (the “Consent Solicitation”) for holders (the “Noteholders”) of its outstanding U.S.$400,000,000 4.125 per cent. guaranteed notes due 2024 (the “Notes”) to consider and, if thought fit, pass an extraordinary resolution (the “Extraordinary Resolution”) in order to approve (i) the appointment of LLC “LCP Investor Services” to replace and i2 Capital Trust Corporation Ltd as trustee (the “Trustee”) under the trust deed dated 9 October 2019 between the Issuer and the Trustee (the “Retirement and Appointment” and the “Trust Deed”, respectively) and (ii) proposed amendments to the Trust Deed (including the Terms and Conditions of the Notes), including termination of guarantees under the Deeds of Guarantees as provided for by the Termination Deeds as further detailed in the Consent Solicitation Memorandum (as defined below) (the “Amendments”)."


...

12 views0 comments

Comments


bottom of page