General Announcement::Solicitation of Consents relating to 2026 and 2027 Notes Results Announcements

Issuer & Securities

Issuer/ Manager
GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED
Securities
GMRHYDERABUS$350M4.25%N271027A - US36256WAA27 - 83DB
GMRHYDERABUS$350M4.25%N271027R - USY3004WAA00 - 83EB
GMRHYDERABUS$300M4.75%N260202A - US36256WAC82 - ZHLB
GMRHYDERABUS$300M4.75%N260202R - USY3004WAC65 - Y2XB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Jan-2025 12:20:22
Status
New
Announcement Sub Title
Solicitation of Consents relating to 2026 and 2027 Notes Results Announcements
Announcement Reference
SG250113OTHRFF2P
Submitted By (Co./ Ind. Name)
Deepak C S
Designation
Company Secretary
Effective Date and Time of the event
13/01/2025 09:45:00
Description (Please provide a detailed description of the event in the box below)
On January 03, 2025, GMR Hyderabad International Airport Limited announced the launch of a consent solicitation of each of the 2026 Notes and 2027 Notes to amend certain terms of A the indenture dated as of February 2, 2021, as modified, supplemented and amended by the supplemental indenture dated as of October 3, 2022 and B the indenture dated as of October 27, 2017, as modified, supplemented and amended by the supplemented indenture dated as of October 3, 2022 The Issuer has today announced the results of the Consent Solicitation. The Issuer hereby confirms that Noteholders holding USD 200,785,000 in the aggregate principal amount of the 2026 Notes, which represents 69.88 percent of the aggregate principal amount of 2026 Notes outstanding and USD 302,831,000 in the aggregate principal amount of the 2027 Notes, which represents 86.52 percent of the aggregate principal amount of 2027 Notes outstanding, validly delivered their consents to the Proposed Amendments prior to the Consent Expiration Deadline. As such, the Requisite Consent Condition which requires receipt of valid consents with respect to a majority in aggregate principal amount of each of the outstanding 2026 Notes and 2027 Notes has been satisfied.

Attachments

GMR SGX Results Announcement V4 13-01-2025.pdf
Total size =458K