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Moby noteholders approve resolution regarding secured notes due 2023
By Rebecca Melvin
Concord, N.H., June 15 – Moby SpA said holders of its 7.75% senior secured notes due 2023 (ISINs: XS1361300996, XS1361301457) approved the company’s resolution at a meeting on Wednesday, according to a press release.
The resolution was proposed on May 31. Had the meeting on Wednesday been unsuccessful, a second meeting would have been called for June 17.
Moby defaulted on the notes and its bank debt in March 2020. The notes were originally issued under the name Onorato Armatori SpA and guaranteed by ALE1 BV.
The ferry operator is based in Milan. The company made its Chapter 15 filing on Jan. 14 under case number 22-10311.
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