General Announcement::Results of Noteholders' Meeting

Issuer & Securities

Issuer/ Manager
VLL INTERNATIONAL, INC
Securities
VLL INTL US$300M7.375%N220618 - XS1248231299 - 31MB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-Feb-2018 17:34:25
Status
New
Announcement Sub Title
Results of Noteholders' Meeting
Announcement Reference
SG180201OTHRB9LO
Submitted By (Co./ Ind. Name)
Kelly Teoh, Latham & Watkins
Designation
Associate
Description (Please provide a detailed description of the event in the box below)
The Issuer, the Company and the Subsidiary Guarantors today announce the results of the meeting pursuant to the notice dated 10 January 2018 ("Notice of Meeting") to holders of the Notes (the "Noteholders").

In a meeting held at 5:00 p.m. Hong Kong time on 1 February 2018 (at which the quorum was met), persons holding proxies representing 90.12% of the aggregate principal amount of Notes outstanding voted in favor of the Extraordinary Resolution as described in the Notice of Meeting and the consent solicitation memorandum dated 10 January 2018 (the "Consent Solicitation Memorandum") and the Extraordinary Resolution was duly passed.

Following the passing of the Extraordinary Resolution, the Supplemental Trust Deed amending certain terms and conditions of the Notes is expected to be executed on 7 February 2018. The Issuer will pay the Consent Solicitation Fees in accordance with the terms of the Consent Solicitation Memorandum on or about 7 February 2018, following the satisfaction of the Payment Conditions.

The consent solicitation agents are DBS Bank Ltd. and HSBC. Noteholders may contact the Information and Tabulation Agent with respect to the consent solicitation, D. F. King, by phone at +852 3953 7230 (Hong Kong) or +44 20 7920 9700 (London) or by email (vista@dfkingltd.com). The Consent Solicitation Memorandum, this announcement and any other relevant notices and documents with respect to the Consent Solicitation are available at https://sites.dfkingltd.com/vista.

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

1 February 2018

No offer or invitation to acquire or exchange any securities is being made pursuant to this announcement. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities in the United States or any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities law of any such jurisdiction. This announcement is not a solicitation of consent with respect to the Notes.

Attachments

Vista Land - Results of Noteholders Meeting.pdf
Total size =36K