Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Steel Funding D.A.C (IRSH)

  Print      Mail a friend

Thursday 14 September, 2017

Steel Funding D.A.C

Notice to Noteholders

RNS Number : 7829Q
Steel Funding D.A.C
14 September 2017
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

14 September 2017

Steel Funding D.A.C. (the "Offeror") announces the results of its invitation to eligible holders of its outstanding U.S.$800,000,000 4.45 per cent. Loan Participation Notes due 2018 (U.S.$396,159,000 outstanding principal amount, Regulation S: Common Code: 080863284, ISIN: XS0808632847; Rule 144A: Common Code: 078395052, ISIN: US85812PAB94, CUSIP: 85812PAB9) and the U.S.$500,000,000 4.95 per cent. Loan Participation Notes due 2019 (U.S.$211,109,000 outstanding principal amount, Regulation S: Common Code: 078393432, ISIN: XS0783934325; Rule 144A: Common Code: 061917110, ISIN: US85812PAA12, CUSIP: 85812PAA1) (each of the series of Notes, a "Series", and all outstanding notes of all Series together, the "Notes"), issued by it for the purpose of financing corresponding loans to Novolipetsk Steel ("NLMK"), to tender their Notes for purchase by the Offeror for cash (each such invitation, an "Offer" and, together, the "Offers") at a purchase price equal to U.S.$1,017.50 per U.S.$1,000 in principal amount of the 2018 Notes and U.S.$1,053.75 per U.S.$1,000 in principal amount of the 2019 Notes, plus Accrued Interest.

Capitalised terms used in this announcement but not otherwise defined have the meanings given to them in the tender offer memorandum dated 4 September 2017 (the "Tender Offer Memorandum").

The Offers expired at 16:00 hours, London time, on Wednesday 13 September 2017.

The Offeror has accepted for purchase the Notes as set out in the table below:

Description of the Notes

Common code/ISIN for Regulation S Notes

Common code/ISIN/CUSIP for Rule 144A Notes

Outstanding principal amount

Purchase Price

Series Acceptance Amount

Outstanding principal amount following settlement of the Offers

U.S.$800,000,000 4.45 per cent. Loan Participation Notes due 2018 (the "2018 Notes")

080863284/

XS0808632847

078395052/

US85812PAB94/

85812PAB9

U.S.$396,159,000

U.S.$252,014,000 in aggregate principal amount of 2018 Notes

U.S.$144,145,000

U.S.$500,000,000 4.95 per cent. Loan Participation Notes due 2019 (the "2019 Notes")

078393432/

XS0783934325

061917110/

US85812PAA12/

85812PAA1

U.S.$211,109,000

U.S.$1,053.75 per U.S.$1,000 in principal amount of 2019 Notes

U.S.$65,371,000 in aggregate principal amount of 2019 Notes

U.S.$145,738,000

The Financing Condition described in the Tender Offer Memorandum is expected to be satisfied. Subject to the satisfaction of the Financing Condition, the Settlement Date is expected to be on or about 26 September 2017.

Offer and distribution restrictions apply. Investors should refer to the Tender Offer Memorandum for full details. If you need further information about the Offers, please contact the Joint Dealer Managers or the Information and Tender Agent.

Offer Website:  http://sites.dfkingltd.com/nlmk

 

 

  

 

Contact Details:

THE OFFEROR

Steel Funding D.A.C.
Pinnacle 2

Eastpoint Business Park

Dublin 3
Ireland

 

JOINT DEALER MANAGERS

ING Bank N.V., London Branch

8-10 Moorgate

London EC2R 6DA

United Kingdom

For information by telephone:

+31 20 563 8017

Attention: Liability Management Team

Email: [email protected]

 

J.P. Morgan Securities plc
25 Bank Street

Canary Wharf

London E14 5JP

United Kingdom

For information by telephone:

+44 20 7134 2468

Attention: Liability Management

Email: [email protected]

 

Société Générale
10 Bishops Square

London E1 6EG

United Kingdom

For information by telephone:

+44 20 7676 7680

Attention: Liability Management

Email: [email protected]

 

UniCredit Bank AG
Arabellastrasse 12

81925 Munich

Germany

For information by telephone:

+49 89 378 13722

Attention: Liability Management

Email: [email protected]

 

THE INFORMATION AND TENDER AGENT

D.F. King Ltd.
Email: [email protected]
Website:
http://sites.dfkingltd.com/nlmk

In London:

125 Wood Street
London EC2V 7AN
United Kingdom
Telephone: +44 20 7920 9700

In New York:

48 Wall Street, 22nd Floor
New York, New York 10005
United States
Telephone: +1 212 269 5550

Toll-Free (US only) (800) 820-2412

In Hong Kong:

Suite 1601, 16/F, Central Tower
28 Queen's Road Central
Hong Kong
Telephone: +852 3953 7230

NLMK

Media contact info:

Sergey Babichenko

+7 (916) 824 6743

[email protected] 

Investor Relations contact info:

Sergey Takhiev

+7 (495) 504 0504

[email protected]

 

 

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world. NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore windmills. NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year. NLMK has the most competitive cash cost among global manufacturers and one of the highest profitability levels in the industry. In the six months ended 30 June 2017, the Company generated $4.699 billion in revenue and $1.221 billion in EBITDA. As of 30 June 2017, net debt/EBITDA stood at 0.43х. The company has an investment grade credit rating from S&P and Fitch. NLMK's ordinary shares with a 16% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. In 2016, NLMK Group received Steel Industry Leadership Award from S&P Global Platts, a global analytical agency. For more information on NLMK Group please visit www.nlmk.com.

 

 

 

This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ISELIMBTMBABBBR

a d v e r t i s e m e n t