General Announcement::RESULTS OF OFFER TO PURCHASE THE OUTSTANDING 12.50% SENIOR NOTES DUE 2021

Issuer & Securities

Issuer/ Manager
YANGO (CAYMAN) INVESTMENT LIMITED
Securities
YANGO CAY US$152M12.5%N210924 - XS2053813338 - NUJB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Aug-2021 17:37:54
Status
New
Announcement Sub Title
RESULTS OF OFFER TO PURCHASE THE OUTSTANDING 12.50% SENIOR NOTES DUE 2021
Announcement Reference
SG210803OTHRWCQX
Submitted By (Co./ Ind. Name)
Financial Department
Designation
Financial Manager
Effective Date and Time of the event
03/08/2021 17:00:00
Description (Please provide a detailed description of the event in the box below)
Reference is made to the announcement of the Company and the Parent Guarantor dated July 26, 2021 in relation to the Offer.

The Offer expired at 4:00 p.m. (London Time) on August 2, 2021. As of the Expiration Deadline, a total of US$212,570,000 in principal amount of the 2021 Notes, representing approximately 74.59% of the total outstanding principal amount of the 2021 Notes, have been validly tendered and not withdrawn pursuant to the Offer.

The Company and the Parent Guarantor have determined to accept for purchase all such tendered 2021 Notes.

After completion of the Offer, the Company and the Parent Guarantor will arrange to cancel the 2021 Notes purchased by the Company and the Parent Guarantor pursuant to the Offer, following which US$72,430,000 in aggregate principal amount of the 2021 Notes will remain outstanding subject to the terms of the Indenture.

Please refer to the attachment for more details.

Attachments

Fujian_Yango-Expiration_Date_Announcement.pdf
Total size =466K