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Investegate |DTEK Finance Plc Announcements | DTEK Finance Plc: DTEK ENERGY B.V. RESTRUCTURING


 
 
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
Houlihan Lokey , Latham Watkins , Rothschild Cie , Bank Lender Ad Hoc Group , Bondholder Ad Hoc Group , Hogan Lovells International , Companies Act , Freezing Order , Cash Deposit , Oksana Nersesova , Gijs De Reuver , Nicolas Guelfand , Edward Kempson , Giovanni Salvetti , Simon Bard , Alex Kay , Alastair Goldrein , ஹொலின் லோக்கெய் , லாதம் வாட்கின்ஸ் , ரோத்ஸ்‌சைல்ட் ஸீ , வங்கி கடன் வழங்குபவர் விளம்பரம் இந்த குழு , ஹோகன் லவ்ல்ஸ் சர்வதேச , நிறுவனங்கள் நாடகம் , உறைபனி ஆர்டர் , பணம் வைப்பு , எட்வர்ட் கெஂப்‌ஸந் ,

Investegate |DTEK Finance Plc Announcements | DTEK Finance Plc: DTEK ENERGY B.V. GROUP RESTRUCTURING ANNOUNCEMENT


 
As announced previously, the DTEK ENERGY B.V. group (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
restructuring of substantially all of the Group s indebtedness (the Restructuring ) pursuant to two inter-conditional schemes of arrangement under Part 26 of the Companies Act 2006 (the Schemes ).
The Group hereby announces that holders of more than 50% of the outstanding principal amount of the 10.75% Senior PIK Toggle Notes due 2024 issued by DTEK Finance plc ( Noteholders ) have now signed or acceded to the Lock-up Agreement, in addition to lenders representing in excess of 95% of the bank debt subject to the Restructuring. ....

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