General Announcement::NOTICE OF PROPOSED SCHEME OF ARRANGEMENT

Issuer & Securities

Issuer/ Manager
PB INTERNATIONAL B.V.
Securities
PB INTL USD200M7.625%N220126 - XS1555631925 - 68AB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Nov-2021 00:26:49
Status
New
Announcement Sub Title
NOTICE OF PROPOSED SCHEME OF ARRANGEMENT
Announcement Reference
SG211113OTHR2ANF
Submitted By (Co./ Ind. Name)
Hudya Indah Panggita
Designation
Corporate Secretary
Effective Date and Time of the event
12/11/2021 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Company has circulated terms of an arrangement and compromise which it plans to implement as a scheme of arrangement (the "Scheme") pursuant to Section 71 of the Singapore Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018). The Scheme document together with an explanatory statement in relation to the Scheme (the "Explanatory Statement") has been circulated through the clearing systems, email, announced on SGXNet and are available to download from the website in respect of the Scheme (https://bonds.morrowsodali.com/PanBrothers) (the "Scheme Website"). Printed copies of the Scheme document and Explanatory Statement can also be obtained free of charge by Scheme Creditors (as defined in the Scheme) on request from the Information Agent (contact details below) or the Company.

Information meetings have been arranged by the Company for the purposes of answering Scheme Creditor questions on the Scheme (the "Information Meetings"). Due to the current SARS-CoV-2 pandemic, the Information Meetings will take place by way of videoconferences, scheduled for:
Information Meeting for Noteholders
at 7.30 a.m. on 19 November 2021 (London time) / 3.30 p.m. on 19 November 2021 (Singapore time) via videoconference
Information Meeting for Holders of Existing Facilities
at 6.00 a.m. on 19 November 2021 (London time) / 2.00 p.m. on 19 November 2021 (Singapore time) via videoconference

Attachments

Pan Brothers - Notice of Scheme.pdf
Total size =143K