General Announcement::Notice to Noteholders: Waiver of Event of Default

Issuer & Securities

Issuer/ Manager
ADANI GREEN ENERGY (UP) LIMITED
Securities
ADANIGREEN US$500M6.25%N241210A - US00654AAA43 - X2LB
ADANIGREEN US$500M6.25%N241210R - XS1854172043 - 989B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Nov-2019 18:24:57
Status
New
Announcement Sub Title
Notice to Noteholders: Waiver of Event of Default
Announcement Reference
SG191120OTHR9G7M
Submitted By (Co./ Ind. Name)
Latham & Watkins LLP
Designation
Latham & Watkins LLP
Description (Please provide a detailed description of the event in the box below)
An Event of Default had occurred under the Note Trust Deed due to the execution of certain Security Documents on September 13, 2019, three days later than the Initial Security Longstop Date. Pursuant to the Issuers' request, the Note Trustee agreed in writing on November 18, 2019 to waive such Event of Default on the basis that it is not prejudicial to the interests of the Noteholders. The waiver is binding on Noteholders.

Capitalised terms are defined in the attachment. Please refer to the attachment for more information.

Attachments