Monaco, 29 March 2023 – Today’s 2nd noteholders’ meeting of the holders of R-LOGITECH S.A.M.’s 2018/2023 Notes (ISIN: DE000A19WVN8) in Frankfurt am Main resolved, with the required qualified majority of votes cast, to extend the term of the 2018/2023 Notes to 24 June 2024 with the possibility of further maturity extensions if certain conditions are met (approval by 97.06%) and at the same time to increase the coupon initially by 1.75 percentage points to 10.25% p.a. (approval of 97.06%). In addition, the adjustment of the early redemption at the option of the issuer (approval of 97.06%), the granting of collateral (approval of 99.88%) and additional obligations (approval of 99.83%) were resolved. Furthermore, MR Treuhand GmbH, Munich, represented by its Managing Director Dr. Tobias Moser, was appointed as joint representative of all bondholders (approval of 99.95%).
Of the outstanding Notes with voting rights with a nominal value of EUR 186.97 million, Notes with a nominal value of EUR 74.416 million were represented, which corresponded to a presence of 39.80% and was thus well above the required quorum of at least 25%.
About R-LOGITECH S.A.M.:
R-LOGITECH is one of the leading international ports infrastructure operators and logistics services providers in the natural resources sector. The group’s primary business lines are port and terminal management and specialist logistics.
For further information:
Brunswick
Patrick Handley, Tom Pigott
+44 (0) 20 7404 5959
Better Orange IR & HV AG
Frank Ostermair, Linh Chung
+49 (0) 89 8896906 25
linh.chung@better-orange.de