General Announcement::Notice of Intended Restructuring Effective Date

Issuer & Securities

Issuer/ Manager
PEARL HOLDING III LIMITED
Securities
PEARLHLDG US$175M9.5%N221211A - US70477NAA46 - 8CYB
PEARLHLDG US$175M9.5%N221211R - USG44527AA02 - 8CZB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
21-Oct-2021 19:37:04
Status
New
Announcement Sub Title
Notice of Intended Restructuring Effective Date
Announcement Reference
SG211021OTHRAYSD
Submitted By (Co./ Ind. Name)
Pearl Engineered Solutions Pte Ltd/Ang Boon Heng
Designation
CFO
Description (Please provide a detailed description of the event in the box below)
Pearl Holding III Limited ( Pearl or the Company) refers to the previous announcements published on 27 May 2021, 13 June 2021, 18 June 2021, 27 August 2021, 8 September 2021, 30 September 2021 and 12 October 2021.

Unless otherwise indicated, capitalised words and phrases used in this announcement have the same meaning as defined in the Explanatory Statement dated 8 September 2021 in respect of the Scheme.

Intended Restructuring Effective Date

The Company wishes to notify Scheme Creditors that its current intention is for the Restructuring Effective Date to take place on Friday, 22 October 2021.

Pursuant to the Scheme, a number of steps will be taken on the Restructuring Effective Date, including the distribution of the Cash Payment, the Consent Fee (if applicable), the New Notes and the New Perpetual Notes to the Participating Scheme Creditors or their Designated Recipients (as applicable) in accordance with the terms of the Scheme.

The Company will provide a further notice to Scheme Creditors confirming the Restructuring Effective Date once it has occurred.

Attachments

Peak - Notice of Intended Restructuring Effective Date 21 Oct 2021.pdf
Total size =178K