Agile Group seeks to amend 9% notes to match latest 5 1/8% notes

New York, Nov. 2 – Agile Group Holdings Ltd. began a consent solicitation for its $500 million of 9% senior notes due 2020, according to a company notice.

Agile is seeking to align the provisions in the note indenture with those of its $200 million of 5 1/8% senior notes due 2022 issued on Aug. 14.

The solicitation ends at 11 a.m. ET on Nov. 17.

Holders who consent will receive a fee of $2.00 per $1,000 principal amount.

Standard Chartered Bank (+852 3983 8643 or Asia-Liability.Management@sc.com) and Hongkong and Shanghai Banking Corp. Ltd. (+852 2822 4100, 212 525-5552, 888 HSBC-4LM, +44 20 7992 6237 or liability.management@hsbcib.com) are solicitation agents. D.F. King Ltd. (+44 20 7920 9700, +852 3953 7230, agile@dfkingltd.com or https://sites.dfkingltd.com/agile) is information agent.

Agile Group is a property developer based in Hong Kong.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.