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Spain On 29 August 2019, the Trustee initiated a written procedure upon the request of the Issuer (the “First Written Procedure“). The First Written Procedure, which ended 16.00 (CET) on 17 September 2019, did not meet the quorum requirement set out in Clause 16(i) of the Terms and Conditions. Therefore, at the request of the Issuer, the Trustee, acting in its capacity as Trustee for the Bondholders under the Terms and Conditions, hereby initiates a second written procedure (the “Written Procedure”) whereby the Bondholders can approve or reject a proposal from the Issuer regarding certain amendments to the Terms and Conditions.
For further details of the request and the background and rationale relating thereto, please see the full notice of the written procedure which can be downloaded as per below:
Voting forms must be received by the Trustee no later than 12.00 (CET) on 16 October 2019.
To be eligible to participate in the written procedure a person must fulfil the formal requirements of being a Bondholder on 26 September 2019.
The formal notice for the written procedure has been sent to registered Bondholders and registered authorized nominees at Euroclear in accordance with the terms and conditions of the Bonds.
For further information, please contact the Trustee.
Intertrust (Sweden) AB
Beatrice Gustafsson
Phone: +46 70 141 10 82
Email: [email protected]
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