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Published on 8/1/2023 in the Prospect News Distressed Debt Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Intu to hold meeting for stockholders to vote on restructuring transaction

By Wendy Van Sickle

Columbus, Ohio, Aug. 1 – Intu Debenture plc will hold a meeting at which its stockholders will be asked to approve an extraordinary resolution relating to a restructuring affecting its £354,876,000 5.562% first mortgage debentures due 2027, according to a filing with the London Stock Exchange.

The meeting will be held by video conference at 5 a.m. ET on Sept. 5.

Stockholders can contact the following for more information: Simmons & Simmons LLP, attention James Taylor (email: intu@simmons-simmons.com).

Alvarez & Marsal Europe LLP and Milbank LLP have been retained as financial and legal advisers to an ad hoc group of stockholders.

The British real estate investment trust focuses on shopping center management and development.


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