Houlihan Lokey , financial adviser to the Group: Gijs de Reuver (Tel: +44 20 7747 2710, [email protected]) or Nicolas Guelfand (Tel: +33 1 53 43 38 08, [email protected]) Latham & Watkins, legal adviser to the Group : Edward Kempson (Tel: +7 495 644 1928, [email protected] ) Rothschild & Cie, financial adviser to the Bank Lender Ad Hoc Group: Giovanni Salvetti (Tel: +7 495 775 8221, [email protected]) or Simon Bard (Tel: +33 1 40 74 41 66 , [email protected] ) Hogan Lovells International LLP , legal adviser to the Bank Lender Ad Hoc Group : Alex Kay (Tel: +44 20 7296 2256, [email protected]) Dechert LLP , legal adviser to the Bondholder Ad Hoc Group : Solomon J. Noh (Tel: +44 20 7184 7337, [
The DTEK ENERGY B.V. group (the Group ) hereby announces that, as anticipated in and in compliance with the terms of the restructuring of substantially all of the Group s indebtedness (the Restructuring ) contained in the Lock-up Agreement and the Explanatory Statement (each as defined below), DTEK OIL&GAS B.V. ( DOG ) has sold the entire share capital of LLC Kosul to DTEK OIL&GAS DEVELOPMENT B.V. in accordance with the term sheet agreed between the Group and committees of its creditors such that LLC Kosul has ceased to be a member of the DOG group. Separately, as announced previously, the Group has entered into a lock-up agreement (the Lock-up Agreement ) with certain of its creditors under which, amongst other matters, such creditors have agreed to vote in favour of the R
Houlihan Lokey, financial adviser to the Group: Gijs de Reuver (Tel: +44 20 7747 2710, [email protected]) or Nicolas Guelfand (Tel: +33 1 53 43 38 08, [email protected]) Latham & Watkins, legal adviser to the Group: Edward Kempson (Tel: +7 495 644 1928, [email protected] ) Rothschild & Cie, financial adviser to the Bank Lender Ad Hoc Group: Giovanni Salvetti (Tel: +7 495 775 8221, [email protected]) or Simon Bard (Tel: +33 1 40 74 41 66 , [email protected]) Hogan Lovells International LLP, legal adviser to the Bank Lender Ad Hoc Group: Alex Kay (Tel: +44 20 7296 2256, [email protected]) Dechert LLP, legal adviser to the Bondholder Ad Hoc Group: Solomon J. Noh (Tel: +44 20 7184 7337, [email protected]) or Alastair Goldrein (Tel: +44 20 7184 7456, [email protected] )