Bond Holder's Meeting::Voluntary

Issuer & Securities

Issuer/ Manager
SAN MIGUEL CORPORATION
Security
SANMIGUEL US$800M4.875%N230426 - XS0921226386 - 2TXB

Announcement Details

Announcement Title
Bond Holder's Meeting
Date &Time of Broadcast
05-Nov-2019 18:43:00
Status
New
Announcement Reference
SG191105BMET06MP
Submitted By (Co./ Ind. Name)
Latham & Watkins LLP
Designation
Latham & Watkins LLP

Event Narrative

Narrative Type
Narrative Text
Additional TextCommencement of Consent Solicitation Exercise
Narrative versionThe Issuer today announces a solicitation of consents (the "Consent Solicitation") to holders of the Notes (the "Noteholders") to approve proposed amendments (the "Proposed Amendments") to certain terms and conditions of the Notes (the "Conditions"), and the trust deed dated 15 April 2013 in respect of the Notes and the Programme, as further detailed in a consent solicitation memorandum dated 05 November 2019 (the "Consent Solicitation Memorandum"). The Consent Solicitation is being made upon the terms and subject to the conditions set forth in the Consent Solicitation Memorandum.

Capitalised terms used and not otherwise defined in this announcement have the meanings given to them in the Consent Solicitation Memorandum.

Subject to the conditions set out in the Consent Solicitation Memorandum, Noteholders delivering valid Consent Instructions in favour of the Extraordinary Resolution before the Consent Fee Deadline will receive U.S.$2.00 per U.S.$1,000 in principal amount of Notes.

Event Dates

Meeting Date and Time
28/11/2019 17:00:00

Event Venue(s)

Place
Venue(s)
Venue details
Meeting VenueMilbank LLP at 30/F, Alexandra House, 18 Chater Road, Central, Hong Kong

Attachments

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28/11/2019 17:30:26