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Published on 7/17/2018 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

ContourGlobal tenders for 5 1/8% senior secured notes, issues call

New York, July 17 – ContourGlobal Power Holdings SA began a tender offer for its 5 1/8% senior secured notes due 2021, according to a news release.

The offer applies only to notes held under Regulation S.

Any notes not tendered, including all Rule 144A notes, will be redeemed on Aug. 16.

In the tender, ContourGlobal is offering to pay €1,027.12 per €1,000 principal amount plus accrued interest up to but excluding the payment date.

The offer ends at 12 p.m. ET on July 24.

Settlement is planned for July 26.

For notes not tendered, the redemption price will be €1,025.63 per €1,000 principal amount plus accrued interest up to but excluding the redemption date.

Goldman Sachs International (+44 20 7774 9862 or liabilitymanagement.eu@gs.com) is dealer manager. Lucid Issuer Services Ltd. (+44 20 7704 0880 or contourglobal@lucid-is.com) is tender agent and information agent.

ContourGlobal Power Holdings is an indirect wholly owned subsidiary of ContourGlobal plc, a London-based power generation company with thermal and renewable power plants in 18 countries in Europe, Latin America and Africa.


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