Aspire Defence reschedules bondholder meetings for lack of quorum

Chicago, May 30 – Aspire Defence Finance plc rescheduled bondholder meetings for holders of its series A and series B bonds to consider and vote on extraordinary resolutions, according to notices.

The meetings were rescheduled due to a lack of a quorum at each meeting originally planned on May 26.

The meetings will now be held at 6 a.m. ET and 6:30 a.m. ET on June 14 at the offices of CMS Cameron McKenna Nabarro Olswang LLP in London.

Assured Guaranty UK Ltd. is proposing to bring the current guarantees provided in respect of the bonds into line with the modern double guarantee structure and give bondholders direct recourse to parent company Assured Guaranty Municipal Corp.

Assured is a Hamilton, Bermuda, provider of credit enhancement for municipal finance, structured finance and mortgage markets. Aspire Defends is the issuer for the Allenby/Connaught Private Finance Initiative project.

© 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.