Max Two misses quorum, reschedules 5.7% note solicitation for Oct. 28

By Tali Rackner

Norfolk, Va., Oct. 8 – Max Two Ltd. did not meet the quorum at its Oct. 7 meeting relating to the consent solicitations for its €100 million 5.7% secured notes due 2024, according to a notice.

The meeting was adjourned to 11 a.m. GMT on Oct. 28.

The company is seeking prepayment provisions related to its Debstedt windfarm loan and its general windfarm loan. It used the proceeds from the 5.7% notes to lend money for the two projects, requiring noteholders to approve changes to the prepayment terms.

Max Two is a fund based in St. Helier, Jersey.

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