General Announcement::EXCHANGE OFFER FOR THE COMPANY'S SENIOR NOTES DUE 2018 AND PROPOSED NOTES ISSUE OF US$ SENIOR NOTES
Issuer & Securities
Issuer/ Manager
HYDOO INTERNATIONAL HOLDING LIMITED
Securities
HYDOO INT US$100M13.75%N181215 - XS1332095659 - 38QB
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
24-Apr-2018 08:08:13
Status
New
Announcement Sub Title
EXCHANGE OFFER FOR THE COMPANY'S SENIOR NOTES DUE 2018 AND PROPOSED NOTES ISSUE OF US$ SENIOR NOTES
Announcement Reference
SG180424OTHROJVE
Submitted By (Co./ Ind. Name)
Hydoo International Holding Limited
Designation
Lina Liang
Effective Date and Time of the event
24/04/2018 07:00:00
Description (Please provide a detailed description of the event in the box below)
On 24 April 2018, the Company commenced the Exchange Offer with respect to the Existing Notes held by non-U.S. persons outside the United States. The Exchange Offer is being made upon the terms and subject to the conditions set forth in the Exchange Offer Memorandum.
The Company is conducting a concurrent offering to issue and sell additional New Notes. The completion of the Concurrent New Money Issuance is subject to market conditions. If the Concurrent New Money Issuance is consummated, the Company will use the net cash proceeds from the Concurrent New Money Issuance to refinance, among others, the Existing Notes and to finance acquisitions or development of assets, real or personal property or equipment to be used in the ordinary course of business and for general corporate purposes.
Attachments
EXCHANGE OFFER FOR SENIOR NOTES DUE 2018 AND PROPOSED NOTES ISSUE OF US$ SENIOR NOTES.pdf
Total size =73K
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