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Man GLG Euro CLO II (IRSH)

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Thursday 04 July, 2019

Man GLG Euro CLO II

Notice to Noteholders

RNS Number : 4907E
Man GLG Euro CLO II DAC
04 July 2019
 

THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS.  IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD IMMEDIATELY CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS AUTHORISED UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000, AS AMENDED (IF THEY ARE LOCATED IN THE UNITED KINGDOM), OR FROM OTHER APPROPRIATELY AUTHORISED INDEPENDENT PROFESSIONAL ADVISERS (IF THEY ARE LOCATED OUTSIDE OF THE UNITED KINGDOM).

 

THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES. IF APPLICABLE, ALL DEPOSITORIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING THIS NOTICE ARE REQUIRED TO EXPEDITE TRANSMISSION HEREOF TO BENEFICIAL OWNERS OF THE NOTES IN A TIMELY MANNER. IF BENEFICIAL OWNERS OF THE NOTES ARE IN ANY DOUBT AS TO THE MATTERS REFERRED TO IN THIS NOTICE, THEY SHOULD CONSULT THEIR STOCKBROKER, LAWYER, ACCOUNTANT OR OTHER PROFESSIONAL ADVISER WITHOUT DELAY.

 

If you have recently sold or otherwise transferred your entire holding(s) of Notes referred to below, you should immediately forward this Notice to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014

 

MAN GLG EURO CLO II DESIGNATED ACTIVITY COMPANY

(a designated activity company incorporated under the laws of Ireland)

(the "Issuer")

 

NOTICE TO NOTEHOLDERS

 

to the holders of

 

€207,000,000 Class A-1 Senior Secured Floating Rate Notes due 2030

€10,000,000 Class A-2 Senior Secured Fixed Rate Notes due 2030

€43,900,000 Class B Senior Secured Floating Rate Notes due 2030

€17,700,000 Class C Deferrable Mezzanine Floating Rate Notes due 2030

€17,300,000 Class D Deferrable Mezzanine Floating Rate Notes due 2030

€19,200,000 Class E Deferrable Junior Floating Rate Notes due 2030

€7,700,000 Class F Deferrable Junior Floating Rate Notes due 2030

€41,200,000 Subordinated Notes due 2030

 

of the Issuer presently Outstanding

(the "Notes")

 

Re: Exploration of Optional Redemption or Refinancing

Terms used but not otherwise defined in this Notice shall have the meanings given to them in the terms and conditions of the Notes (the "Conditions").

The Issuer hereby announces that the Investment Manager has informed it that it is currently exploring an Optional Redemption of the Notes effected in part through Refinancing pursuant to Condition 7(b)(ii) (Optional Redemption in Part - Refinancing of a Class or Classes of Notes in whole by Subordinated Noteholders). Additional notices and documentation will be provided to holders as required by the Transaction Documents. For further information please contact the Investment Manager.

Nothing in this Notice constitutes or contemplates an offer of, an offer to purchase or the solicitation of an offer to sell any security in any jurisdiction.

This Notice and any non-contractual obligations arising out of or in connection with this Notice will be governed by and construed in accordance with the laws of England and Wales.

No person has been authorised to give information, or to make any representation in connection therewith, other than as contained herein. The delivery of this Notice at any time does not imply that the information in it is correct as at any time subsequent to its date.

04 July 2019

MAN GLG EURO CLO II DESIGNATED ACTIVITY COMPANY

 

 

 

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 

 


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