General Announcement::Notice

Issuer & Securities

Issuer/ Manager
VALIN MINING INVESTMENTS (SINGAPORE) PTE. LTD.
Securities
VALIN MINING US$354.8MZ211115 - XS1514653150 - 61PB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
06-Feb-2020 13:10:59
Status
New
Announcement Sub Title
Notice
Announcement Reference
SG200206OTHRQ6DT
Submitted By (Co./ Ind. Name)
Wang Yin
Designation
Manager
Effective Date and Time of the event
06/02/2020 17:00:00
Description (Please provide a detailed description of the event in the box below)
Valin Mining Investments (Singapore) Pte. Ltd.
Company Registration No. 200903858G

U.S.$354,800,000
Zero Coupon Exchangeable Bonds due 2021
Exchangeable into Shares of Fortescue Metals Group Ltd.

Notice

EXCHANGE, CANCELATION AND DELISTING OF THE EXCHANGEABLE BONDS
Valin Mining Investments (Singapore) Pte. Ltd. (the "Issuer") issued Zero Coupon Exchangeable Bonds due 2021 exchangeable into shares of Fortescue Metals Group Ltd. (the "Exchangeable Bonds") pursuant to a trust deed dated as of 15 November 2016 by and between the Issuer and DB Trustees (Hong Kong) Limited, as trustee.
NOTICE IS HEREBY GIVEN that from 25 January 2020 to 6 Feburary 2020, another US$11,400,000 (3.21% of total principal amount of the Exchangeable Bonds) in principal amount of Exchangeable Bonds have been exchanged into shares and cancelled. This is due to an exercise of Exchange Right by the holders thereof. As of 6 Feburary 2020, US$354,800,000 in principal amount of Exchangeable Bonds have been fully exchanged into shares and cancelled.
As all outstanding Exchangeable Bonds have been fully exchanged and no Exchangeable Bonds remain outstanding, the Exchangeable Bonds will be delisted from the official list of the Singapore Exchange Securities Trading Limited with effect from 6 Feburary 2020.
All capitalised terms not otherwise defined herein have the same meanings given to them in the Terms and Conditions of the Exchangeable Bonds.
This notice and its contents are not intended to be nor should be construed as investment advice or a recommendation on any particular course of action and is solely meant for information only. If you are in any doubt in relation to this notice or its contents, please consult your own professional advisers immediately.

Valin Mining Investments (Singapore) Pte. Ltd.
6 Feburary 2020

Attachments

Notice of VMI.pdf
Total size =53K