General Announcement::Partial Repurchase and Cancellation of Notes

Issuer & Securities

Issuer/ Manager
TUNGHSU VENUS HOLDINGS LIMITED
Securities
TUNGHSU US$350M 7.0%N200612 - XS1627203331 - 74TB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
31-May-2019 20:26:32
Status
New
Announcement Sub Title
Partial Repurchase and Cancellation of Notes
Announcement Reference
SG190531OTHRVHVF
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)
Reference is made to the Notes issued by the Issuer and fully and unconditionally guaranteed by the Company, and the listing of the Notes on the Singapore Exchange Securities Trading Limited ("SGX").

As of May 29, 2019, there were US$370,000,000 in aggregate principal amount of Notes outstanding. On May 30, 2019, the Issuer completed the cancellation of US$28,000,000 in aggregate principal amount of Notes repurchased (the "Repurchased Notes"), representing approximately 7.57% of the aggregate principal amount of Notes outstanding. After cancellation of the Repurchased Notes, US$342,000,000 in aggregate principal amount of Notes will remain outstanding.

Pursuant to Rule 324 of the SGX Listing Manual, the Issuer will make further announcements for every subsequent 5% interval of initial aggregate principal amount of Notes redeemed and/or cancelled in accordance with their terms and conditions.

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