General Announcement::Partial Repurchase and Cancellation of Notes
Issuer & Securities
Issuer/ Manager
TUNGHSU VENUS HOLDINGS LIMITED
Securities
TUNGHSU US$350M 7.0%N200612 - XS1627203331 - 74TB
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
20-Jul-2018 22:39:51
Status
New
Announcement Sub Title
Partial Repurchase and Cancellation of Notes
Announcement Reference
SG180720OTHRXEDE
Submitted By (Co./ Ind. Name)
Latham & Watkins
Designation
Latham & Watkins
Description (Please provide a detailed description of the event in the box below)
Reference is made to the Notes issued by the Issuer and fully and unconditionally guaranteed by the Company, and the listing of the Notes on the Singapore Exchange Securities Trading Limited ("SGX").
As of July 19, 2018, there were US$420,000,000 in aggregate principal amount of Notes outstanding. On July 20, 2018, the Issuer completed the cancellation of US$30,000,000 in aggregate principal amount of Notes repurchased (the "Repurchased Notes"), representing approximately 7.14% of the aggregate principal amount of Notes outstanding. After cancellation of the Repurchased Notes, US$390,000,000 in aggregate principal amount of Notes will remain outstanding.
Pursuant to Rule 324 of the SGX Listing Manual, the Issuer will make further announcements for every subsequent 5% interval of initial aggregate principal amount of Notes redeemed and/or cancelled in accordance with their terms and conditions.
Attachments
Tunghsu Venus - SGX Announcement - Partial Repurchase and Cancellation of Notes - 20 July 2018.pdf
Total size =107K
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