General Announcement::PARTIAL REPURCHASE AND CANCELLATION OF JGSH PHILIPPINES, LIMITED S 4.375 PER CENT BONDS DUE 2023

Issuer & Securities

Issuer/ Manager
JGSH PHILIPPINES, LIMITED
Securities
JGSH PH US$750M4.375%N230123 - XS0876086975 - 2OBB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
08-Dec-2022 10:42:11
Status
New
Announcement Sub Title
PARTIAL REPURCHASE AND CANCELLATION OF JGSH PHILIPPINES, LIMITED S 4.375 PER CENT BONDS DUE 2023
Announcement Reference
SG221208OTHRQ351
Submitted By (Co./ Ind. Name)
Andre Ria B. Buzeta-Acero
Designation
Legal Counsel
Description (Please provide a detailed description of the event in the box below)
JGSH Philippines, Limited (the Issuer ) refers to its 10-year 4.375 per cent bonds due 23 January 2023 with the principal amount of US$750,000,000 (the Bonds ).

The Issuer wishes to announce that, in accordance with the terms and conditions of the Bonds, JG Summit Philippines, Ltd., a subsidiary of JG Summit Holdings, Inc., Guarantor of the Bonds, repurchased an aggregate principal amount of US$138,826,000 of the Bonds in the open market and the Issuer procured their cancellation on 7 December 2022 (the Repurchase and Cancellation ).

Following the Repurchase and Cancellation, the outstanding principal amount of the Bonds is reduced to US$611,174,000.