General Announcement::Commencement of Consent Solicitation Exercise

Issuer & Securities

Issuer/ Manager
GARUDA INDONESIA GLOBAL SUKUK LIMITED
Securities
GARUDASUK US$500M5.95%TC200603 - XS1238157181 - 30QB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
19-May-2020 18:09:01
Status
New
Announcement Sub Title
Commencement of Consent Solicitation Exercise
Announcement Reference
SG200519OTHRFYRF
Submitted By (Co./ Ind. Name)
Securities Market Control
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below)
Garuda Indonesia Global Sukuk Limited (the "Trustee") and PT Garuda Indonesia (Persero) Tbk (the "Obligor") launch today a consent solicitation exercise in relation to Sukuk. The key terms of the proposal include a 3-year maturity extension and a cumulative consent fee of up to 125bps for votes in favour received prior to 1 June 2020.

Attachments

Announcement Letter.pdf
Total size =204K

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