Nyrstar: Meeting of Holders of 5.00% Convertible Bonds to be held on 21 May 2019
May 06 2019 - 1:00AM
Nyrstar: Meeting of Holders of 5.00% Convertible Bonds to be
held on 21 May 2019
Regulated Information
Nyrstar: Meeting of Holders of 5.00% Convertible Bonds to
be held on 21 May 2019
6 May 2019 at 8:00 CEST
Nyrstar NV (“Nyrstar” or the “Company”, and,
together with its subsidiaries, the “Group”) today invited the
holders (the “Bondholders”) of the 5.00% Convertible Bonds due 2022
issued by the Company on 11 July 2016 (ISIN Code:
BE6288132101) to attend a general meeting of Bondholders
(the “Meeting”).
This Meeting is convened to seek the approval by
Bondholders of certain proposed resolutions, in order to facilitate
the implementation of the financial restructuring (the
“Restructuring”) that has been announced by the Company on 15 April
2019 (the “15 April Announcement”), which sets out the details of
the Restructuring and the lock-up agreement entered into by, among
others, the Company, Trafigura Pte Ltd, certain of the Group’s
lenders, certain holders of the 8.5% senior notes due 2019 and
6.875% senior notes due 2024 each issued by Nyrstar Netherlands
(Holdings) B.V. and certain Bondholders (the “Lock-Up Agreement”).
For further details on the terms of the Restructuring, please refer
to the 15 April Announcement.
The Bondholders that are party to the Lock-Up
Agreement as of 1 May 2019 represent approximately 97% of the
aggregate outstanding principal amount of the Bonds (the
“Supporting Holders”). In accordance with the terms of the Lock-Up
Agreement, the Supporting Holders have agreed to promptly take all
actions which are reasonably required or desirable in order to
support, facilitate and implement or otherwise give effect to the
Restructuring, including voting in favour of the proposed
resolutions set out in the notice convening the Meeting.
The Meeting will be held on 21 May 2019 at 11:00
CEST, at Marsveldplein 5 – 24th floor, 1050 Brussels, Belgium. For
further details of the Meeting and the proposed resolutions, please
refer to the notice convening the Meeting which has been published
on the Nyrstar website
[https://www.nyrstar.com/en/investors/share-and-bondholder-information/bondholder-information]
and on the website of the Tabulation Agent. Further details about
the Meeting and how to participate can be obtained from the
Tabulation Agent:
Lucid Issuer Services Limited Tankerton
Works 12 Argyle Walk London WC1H 8HA United Kingdom Tel: +44 20
7704 0880 Fax: +44 20 3004 1590 Attention: Thomas Choquet
Email: nyrstar@lucid-is.com Website: www.lucid-is.com/nyrstar
About Nyrstar
Nyrstar is a global multi-metals business, with
a market leading position in zinc and lead, and growing positions
in other base and precious metals, which are essential resources
that are fuelling the rapid urbanisation and industrialisation of
our changing world. Nyrstar has mining, smelting and other
operations located in Europe, the Americas and Australia and
employs approximately 4,100 people. Nyrstar is incorporated in
Belgium and has its corporate office in Switzerland. Nyrstar is
listed on Euronext Brussels under the symbol NYR. For further
information please visit the Nyrstar website: www.nyrstar.com.
For further information contact:
Anthony Simms Head of
Investor Relations T: +41 44
745
8157
M: +41 79 722 2152
anthony.simms@nyrstar.com
Franziska Morroni Head of
Communications
T: +41 44 745
8295
M: +41 79 719
2342
franziska.morroni@nyrstar.com
None of the Trustee, the Tabulation Agent or any
of their respective agents accepts any responsibility for the
information contained in this announcement and none of the Company,
the Trustee, the Tabulation Agent, or any of their respective
directors, employees or affiliates makes any representation or
recommendation whatsoever regarding the Meeting. This announcement
must be read in conjunction with the notice convening the Meeting.
No offer to acquire any Bonds is being made pursuant to this
announcement. This announcement and the notice convening the
Meeting contain important information, which should be read
carefully before any decision is made with respect to the Meeting.
If beneficial holders are in any doubt as to the action they should
take, they should seek their own financial and legal advice,
including in respect of any tax consequences, immediately from
their broker, bank manager, solicitor, accountant or other
independent financial, tax or legal adviser.
This announcement and the notice convening the
Meeting do not constitute an offer to purchase Bonds or the
solicitation of an offer to sell Bonds. This announcement and the
notice convening the Meeting is addressed only to holders of the
Bonds who are persons to whom it may otherwise be lawful to
distribute it (“relevant persons”). It is directed only at relevant
persons and must not be acted on or relied on by persons who are
not relevant persons.
THIS DOCUMENT IS NOT AN OFFER TO SELL OR A
SOLICITATION OF AN OFFER TO BUY SHARES, BONDS OR OTHER SECURITIES
OF NYRSTAR NV. THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE,
PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN OR INTO THE
UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER
JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.
- Nyrstar - Bondholder meeting - Announcement
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