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Fuller, Smith & Turner gets consents related to debentures due 2023, 2028
By William Gullotti
Buffalo, N.Y., June 8 – Fuller, Smith & Turner plc received the requisite consents from holders regarding its consent solicitation to amend the trust deeds of its £6 million 10.7% first mortgage debenture stock due 2023 and £20 million 6 7/8% debenture stock due 2028, according to a regulatory notice.
The solicitations were announced on May 14. The deadline for submitting consent bids expired at 4 a.m. and 4:10 a.m. ET on June 4 for the 2023 and 2028 securities respectively.
In regards to the debentures due 2023, the sole stockholder passed the resolution with 100% representation and favor for the resolution.
In regards to the debentures due 2028, a 76.53% representation of stockholders passed the resolution with 100% in favor.
The pub and hotel operator is based in London.
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