General Announcement::REQUEST FOR SECURITY HOLDINGS INFORMATION

Issuer & Securities

Issuer/ Manager
WINSWAY ENTERPRISES HOLDINGS LIMITED
Securities
WINSWAY US$500M8.5%N160408A - US975731AA80 - 4TCB
WINSWAY US$500M8.5%N160408R - USG97214AA16 - 4TDB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
30-Mar-2015 14:58:56
Status
New
Announcement Sub Title
REQUEST FOR SECURITY HOLDINGS INFORMATION
Announcement Reference
SG150330OTHR3UGP
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below)
The Company is seeking to complete a restructuring of the 2016 8.5% senior notes issued by the Company ( 'Senior Notes' ) of which notes in the aggregate principal amount of US$309,310,000 are outstanding as of the date of this announcement ( 'Debt Restructuring' ). The Company is also in discussions with potential equity investors in connection with a potential equity investment into the Company by the issuance of new shares of the Company ( 'Equity Financing' ). It is expected that such Equity Financing and the Debt Restructuring would be interconditional.The Company has appointed UBS AG, Hong Kong Branch and AlixPartners Services UK LLP as its financial advisors in relation to the Debt Restructuring. UBS AG, Hong Kong Branch is also appointed to communicate with the holders of the Senior Notes, and to advise on the Equity Financing.The Company is committed to full and open communication with its creditors and is seeking the highest level of response from the holders of the Senior Notes to facilitate open communication and obtain their input during the process of the Debt Restructuring. The Company has therefore engaged Bondholder Communications Group LLC (the 'Communications Agent' ) to compile a list of holders of the Senior Notes to assist in this process and to improve investor

Attachments

E_895251 Eng_Stp9-10 as printed.pdf
Total size =60K

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