Master Asset Vehicle II noteholder meeting adjourned to Aug. 23

By Jennifer Chiou

New York, Aug. 16 - A meeting for Master Asset Vehicle II noteholders was adjourned to Aug. 23 to allow for greater participation, according to a Moelis & Co. press release.

Holders are being asked to vote on an extraordinary resolution to amend the MAV II structure to allow for optional early redemptions of the securities.

As the meeting, nearly 66 2/3% of outstanding principal voted in favor of the resolution, but holders of more than $2 billion of notes had yet to vote.

The meeting will take place in Toronto.

Questions may be directed to the Laurel Hill Advisory Group, the proxy solicitation agent (877 304-0211 within North America or 416 304-0211 outside of North America; assistance@laurelhill.com).

© 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.