General Announcement::RESULTS OF EXCHANGE OFFER AND PROPOSED ISSUE OF GUARANTEED SENIOR NOTES

Issuer & Securities

Issuer/ Manager
PANDA GREEN ENERGY GROUP LIMITED
Securities
PANDAGREENUSD250M8.25%N200125 - XS1512652600 - 67RB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
15-Jan-2020 18:10:35
Status
New
Announcement Sub Title
RESULTS OF EXCHANGE OFFER AND PROPOSED ISSUE OF GUARANTEED SENIOR NOTES
Announcement Reference
SG200115OTHRPI05
Submitted By (Co./ Ind. Name)
Ms. Sylvia Zhang
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
The Exchange Offer expired at 4:00 p.m., London time, on 14 January 2020. As at the exchange expiration deadline, US$107,980,000 of the Existing Notes, representing approximately 30.85% of the total aggregate principal amount of the outstanding Existing Notes, had been validly tendered for exchange and accepted pursuant to the Exchange Offer.

Upon completion of the Exchange Offer, the Issuer will issue the Exchange Notes in the aggregate principal amount of US$112,308,000 to Eligible Holders of the Existing Notes validly accepted and exchanged in the Exchange Offer as part of the Exchange Consideration.

The Issuer will apply for the listing of the Exchange Notes on the Stock Exchange. Admission of the Exchange Notes should not be taken as an indication of the merits of the Issuer, the Subsidiary Guarantors or the Exchange Notes. The Exchange Notes are expected to be listed on the Stock Exchange on or about 21 January 2020.

More details can be found in the attachment.

Attachments

ew_00686ann-15012020.pdf
Total size =81K